78B-2-113. Effect of payment, acknowledgment, or promise to pay.
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78B-2-113. Effect of payment, acknowledgment, or promise to pay.
(1)An action for recovery of a debt may be brought within the applicable statute of limitations from the date:
(a)the debt arose;
(b)a written acknowledgment of the debt or a promise to pay is made by the debtor; or
(c)a payment is made on the debt by the debtor.
(2)If a right of action is barred by the provisions of any statute, it shall be unavailable either as a cause of action or ground for defense.
Renumbered and Amended by Chapter 3 , 2008 General Session
Amended by Chapter 123 , 2008 General Session