GroundRules
27-2-409: Acknowledgment of debt or part payment.
Where this section sits in the code
- TITLE 27. CIVIL LIABILITY, REMEDIES, AND LIMITATIONS
- CHAPTER 2. STATUTES OF LIMITATIONS
- Part 4. Circumstances Which Extend Period of Limitations
(1) An acknowledgment or the part payment of a debt is sufficient evidence to cause the relevant statute of limitations to begin running anew.
(2) An acknowledgment must be contained in some writing signed by the party to be charged thereby.
(3) Part payment is any payment of principal or interest.
Collected 2026-09-14T04:50:28Z. Source file · JSON