Section 8-5-27 – Action to Charge Endorser or Assignor on Contracts Assigned by Writing and Not Covered by Uniform Commercial Code – Extension or Waiver of Time for Bringing Action by Endorser or Assignor.

Section 8-5-27

Action to charge endorser or assignor on contracts assigned by writing and not covered by Uniform Commercial Code – Extension or waiver of time for bringing action by endorser or assignor.

The time for bringing the action, as required by Section 8-5-26, may be extended or waived by the consent of the endorser or assignor in writing signed by him.

(Code 1852, §1545; Code 1867, §1853; Code 1876, §2114; Code 1886, §1779; Code 1896, §893; Code 1907, §5154; Code 1923, §9227; Code 1940, T. 39, §196.)