There is a newer version
of
the New York Laws
2019 New York Laws
GOB - General Obligations
Article 17 - Revival or Extension; Waiver of Defense or Bar
Title 1 - Obligations Barred by Statutes of Limitation
17-101 - Acknowledgment or New Promise Must Be in Writing.
Universal Citation: NY Gen Oblig L § 17-101 (2019)
§ 17-101. Acknowledgment or new promise must be in writing. An acknowledgment or promise contained in a writing signed by the party to be charged thereby is the only competent evidence of a new or continuing contract whereby to take an action out of the operation of the provisions of limitations of time for commencing actions under the civil practice law and rules other than an action for the recovery of real property. This section does not alter the effect of a payment of principal or interest.
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