Alaska Statutes (Last Updated: January 11, 2017)

Section 09.10.200. Acknowledgment or promise.

Latest version.

No acknowledgment or promise is sufficient evidence of a new or continuing contract to take the case out of the operation of this chapter unless the acknowledgment or promise is contained in writing, signed by the party to be charged, and, as to instruments affecting real estate, acknowledged and recorded in the office of the recorder of the district where the original contract was filed or recorded. This section does not alter the effect of any payment of principal or interest.

Notes

History

(Sec. 1.20 ch 101 SLA 1962)

                    
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