Mississippi § 15-1-3 - Completion of limitation extinguishes right; partial payment.
Full text of Mississippi Mississippi Code of 1972 Annotated § 15-1-3 — Completion of limitation extinguishes right; partial payment., with citation guidance and answers to common questions.
§ 15-1-3. Completion of limitation extinguishes right; partial payment.
The completion of the period of limitation prescribed to bar any action, shall defeat and extinguish the right as well as the remedy. However, the former legal obligation shall be a sufficient consideration to uphold a new promise based thereon. In any case founded on a debt, when any part of the debt shall have been paid, or an acknowledgment of an existing liability, debt or claim, or any promise to pay the same shall have been made, the statute of limitations not having run, an action may be brought in such case within the period prescribed for the same, with the said period to begin after such payment, acknowledgment or promise.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 15-1-3
What does Mississippi Code of 1972 Annotated § 15-1-3 cover?
Section 15-1-3 ("Completion of limitation extinguishes right; partial payment.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 15-1-3?
A common citation format is "Mississippi Code of 1972 Annotated § 15-1-3" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 15-1-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.