South Carolina Statutes
§ 15-3-120 — Effect of new promises in writing or part payments.
No acknowledgment or promise shall be sufficient evidence of a new or continuing contract whereby to take the case out of the operation of this chapter unless it be contained in some writing signed by the party to be charged thereby. But payment of any part of principal or interest is equivalent to a promise in writing.
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Legislative History
HISTORY: 1962 Code SECTION 10-112; 1952 Code SECTION 10-112; 1942 Code SECTION 368; 1932 Code SECTION 368; Civ. P. '22 SECTION 351; Civ. P. '12 SECTION 157; Civ. P. '02 SECTION 131; 1870 (14) 450 SECTION 133.
Nearby Sections
15
§ 15-3-110
Limitations are not applicable to bills, notes or other evidences of debt of moneyed corporations.§ 15-3-210
Short title.§ 15-3-220
Legislative intent.§ 15-3-230
Definitions.§ 15-3-255
Contract provisions.