HRS §483-3
Crediting payments when there are multiple people who owe
This section says that when one of several people who owe a debt pays the creditor, that payment must be counted toward the debt of all the other co-debtors who are not guarantors. It only covers how payments are credited, not other debt rules.
creditorsdebtors
The statute, as written — Crediting of payments made to obligee
The amount or value of any consideration received by the obligee from one or more of several obligors, or from one or more of joint, or of joint and several obligors, in whole or in partial satisfaction of their obligations, shall be credited to the extent of the amount received on the obligations of all co-obligors to whom the obligor or obligors giving the consideration did not stand in the relation of a surety.
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