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. [Pre-1998 Recodification Citation: […]
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. [Pre-1998 Recodification Citation: 34-1-2-11.] As added by P.L.1-1998, SEC.6.
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 […]
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; […]
