No acknowledgment or promise shall be evidence of a new or continuing contract sufficient to take a case out of the operation of the statute of limitations, unless it is in writing signed by the party to be charged; but this section shall not alter the effect of a payment of principal or interest.
Source: L. 86: Entire article R&RE, p. 701, § 1, effective July 1.
Editor's note: This section is similar to former § 13-80-125 as it existed prior to 1986.