§ 78B-2-113. Effect of payment, acknowledgment, or promise to pay.  


Latest version.
  • (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