“Chapter 1: Civil Procedures
Article 3: limitations, General Provisions
§ 1-26. New promise must be in writing.
No acknowledgment or promise is evidence of a new or continuing contract, from which the statutes of limitations run, unless it is contained in some writing signed by the party to be charged thereby; but this section does not alter the effect of any payment of principal or interest. (C.C.P., s. 51; Code, s. 172; Rev., s. 371; C.S., s. 416.)”
In other words, a contract lives for as long as you’re paying.