8 Acknowledgment and part payment
through the realization of a security interest or otherwise, of an
accrued liquidated pecuniary sum, including, but not limited to a
principal debt, rents, income and a share of estate property, and
interest on any of them.
(2) Subject to subsections (3) and (4) and section 9, if a person
liable in respect of a claim acknowledges the claim, or makes a part
payment in respect of the claim, before the expiration of the
limitation period applicable to the claim, the operation of the
limitation period begins again at the time of the acknowledgment
or part payment.
RSA 2000
(3) A claim may be acknowledged only by an admission of the
person liable in respect of it that the sum claimed is due and
unpaid, but an acknowledgment is effective
(a) whether or not a promise to pay can be implied from it, and
(b) whether or not it is accomp anied with a refusal to pay.
(4) When a claim is for the recovery of both a primary sum and
interest on it, an acknowledgment of either obligation, or a part
payment in respect of either obligation, is an acknowledgment of,
or a part payment in respect of, the other obligation.
1996 cL-15.1 s8