ACCORD AND SATISFACTION, NOVATION AND RELEASE OF OBLIGATIONS
20-7-1 Accord defined. 20-7-2 Execution of accord required to extinguish obligation. 20-7-3 Acceptance of accord as satisfaction--Obligation extinguished. 20-7-4 Obligation extinguished by part performance accepted in writing as satisfaction. 20-7-5 Novation defined. 20-7-6 Novation by substitution of obligation. 20-7-7 Novation by substitution of debtor. 20-7-8 Novation by substitution of creditor. 20-7-9 Rescission of satisfaction by substitution of debtor. 20-7-10 Obligation extinguished by release on new consideration or in writing. 20-7-11 Unknown claims not released by general release. 20-7-12 Joint debtors not released by release of one--Right of contribution.