Statute of limitations on written contract; missing persons declared dead, executor of estate.

Statute of limitations on written contract;missing persons declared dead; executor. Provides that, for any action that would be barred by the five-year statute of limitationson a written contract, wherein a person who would be party to suchaction was a missing person presumed dead and subsequently declareddead by court order, the executor of such person's estate has oneyear from the entry of such order to bring such an action, providedthat a cause of action accrued on or after the date upon which suchperson went missing.