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.

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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.)