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Here's what the state I'm moving to says:


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Posted by Marc Anthony (24.24.204.12) on February 25, 2004 at 15:14:23:

In Reply to: Re: Are you positive about that? posted by observer on February 25, 2004 at 14:39:05:

So what does all this mean (from Why Chat's site):

29-2-
28-3-109. - Contracts not otherwise covered
(a) The following actions shall be commenced within six (6) years after the cause of action accrued:
(3) Actions on contracts not otherwise expressly provided for.

---------------------------------------------
THE FOLLOWING TENNESSEE STATUTE APPEARS TO ALLOW RE-AGING IF PAYMENT ON ACCOUNT IS BY A SIGNED CHECK
101. Writing required for action.

(b) (1) No action shall be brought against a lender or creditor upon any promise or commitment to lend money or to extend credit, or upon any promise or commitment to alter, amend, renew, extend or otherwise modify or supplement any written promise, agreement or commitment to lend money or extend credit, unless the promise or agreement, upon which such action shall be brought, or some memorandum or note thereof, shall be in writing and signed by the lender or creditor, or some other person lawfully authorized by such lender or creditor.
(2) A promise or commitment described in subdivision (b)(1) need not be signed by the lender or creditor, if such promise or commitment is in the form of a promissory note or other writing that describes the credit or loan and that by its terms:
(A) Is intended by the parties to be signed by the debtor but not by the lender or creditor;
(B) Has actually been signed by the debtor; and
(C) Delivery of which has been accepted by the lender or creditor.
(c) For purposes of this section, a writing, or some memorandum or note thereof, includes a record.

CAUSE OF ACTION


28-1-102. Commencement at time of right to make demand.
When a right exists, but a demand is necessary to entitle the party to an action, the limitation commences from the time the plaintiff's right to make the demand was completed, and not from the date of the demand.


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