Va. Code § 11-10

Current with changes from the 2024 legislative session through ch. 845
Section 11-10 - Compromise by creditor with co-obligor, etc

A creditor may compound or compromise with any joint contractor or co-obligor, and release him from all liability on his contract or obligation, without impairing the contract or obligation as to the other joint contractors or co-obligors.

Va. Code § 11-10

Code 1919, § 5763.
Code 1919, § 5763.