If any action or proceeding is begun within the period fixed by the applicable statute of limitations or the periods provided for in this article, then such action or proceeding may be prosecuted to final decision notwithstanding the fact that the period of limitation shall expire after the commencement and during the prosecution of such action or proceeding.
Source: L. 39: p. 451, § 7. CSA: C. 102, § 34. CRS 53: § 87-3-7. C.R.S. 1963: § 872-7.