Title 13, Chapter 5, Section 30
( 13-5-30)
To make the following obligations binding on the promisor, the
promise must be in writing and signed by the party to be charged
therewith or some person lawfully authorized by him: (1) A promise by an executor, administrator, guardian, or trustee
to answer damages out of his own estate; (2) A promise to answer for the debt, default, or miscarriage of
another; (3) Any agreement made upon consideration of marriage, except
marriage articles as provided in Article 3 of Chapter 3 of Title
19; (4) Any contract for sale of lands, or any interest in, or
concerning lands; (5) Any agreement that is not to be performed within one year from
the making thereof; (6) Any promise to revive a debt barred by a statute of
limitation; and (7) Any commitment to lend money. |