Sec. 09.10.200. Acknowledgment or promise.
86 words·~1 min read·
/ak/title-9/chapter-10/09-10-200A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 09.10.200. Acknowledgment or promise.
No acknowledgment or promise is sufficient evidence of a new or continuing contract to take the case out of the operation of this chapter unless the acknowledgment or promise is contained in writing, signed by the party to be charged, and, as to instruments affecting real estate, acknowledged and recorded in the office of the recorder of the district where the original contract was filed or recorded. This section does not alter the effect of any payment of principal or interest.