CHAPTER 9. ACKNOWLEDGMENT, NEW PROMISE, AND PARTIAL PAYMENT
IC 34-11-9
Chapter 9. Acknowledgment, New Promise, and Partial Payment
IC 34-11-9-1
New or continuing contract
Sec. 1. An acknowledgment or promise is not evidence of a new
or continuing contract, for the purpose of taking the case out of the
operation of this article, unless the acknowledgment or promise is:
(1) in writing; and
(2) signed by the party to be charged by the acknowledgment or
promise.
As added by P.L.1-1998, SEC.6.
IC 34-11-9-2
Joint contractor, executor, or administrator liability
Sec. 2. The acknowledgment or promise of one (1) joint
contractor or executor or administrator does not render any other
joint contractor, executor, or administrator liable under this chapter.
As added by P.L.1-1998, SEC.6.
IC 34-11-9-3
Payment; endorsement or memorandum
Sec. 3. This chapter does not take away or lessen the effect of any
payment made by any person. However, no endorsement or
memorandum of any payment made:
(1) upon any instrument of writing; and
(2) by or on behalf of the party to whom the payment is
purported to be made;
is considered sufficient to exempt the case from this chapter.
As added by P.L.1-1998, SEC.6.
IC 34-11-9-4
Joint debtor or sureties; payment
Sec. 4. (a) This section applies to:
(1) a joint debtor; and
(2) the representatives of a joint debtor;
in whose favor the statute of limitations has operated.
(b) A person described under subsection (a) is not liable to:
(1) a joint debtor or surety; or
(2) the representatives of a joint debtor or surety;
upon payment by the joint debtor or surety, or the representative of
the debt, or any part of it.
As added by P.L.1-1998, SEC.6.