Whom New Promise by Joint Contractor Binds

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In cases of joint or joint and several contracts, a new promise by one of the contractors shall operate only against the promisor.

(Ga. L. 1855-56, p. 233, § 27; Code 1863, § 2879; Code 1868, § 2887; Code 1873, § 2938; Code 1882, § 2938; Civil Code 1895, § 3792; Civil Code 1910, § 4388; Code 1933, § 3-906.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 51 Am. Jur. 2d, Limitation of Actions, §§ 334, 338, 363, 365.

C.J.S.

- 54 C.J.S., Limitation of Actions, § 305 et seq.

ALR.

- Acknowledgment or payment effective to toll statute against corporation on obligation upon which it is bound as a co-obligor with a corporate officer as supporting an inference of acknowledgment which will toll statute as against latter, or vice versa, 144 A.L.R. 1019.


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