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Ark. Code Ann. § 16-56-124

Tolling statute — Promise by joint contractor or executor

Rev

When there are two (2) or more joint contractors or executors, no joint contractor or executor shall lose the benefit of this act by reason of any written acknowledgment or promise made and signed by any of the other joint contractors or executors. Nothing contained in this section shall be so construed as to alter, take away, or lessen the effect of any payment of any principal or interest made by any person whatever on any joint contract.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.