§55-8-12. Third party may sue on covenant or promise made for his
If a covenant or promise be made for the sole benefit of a
person with whom it is not made, or with whom it is made jointly
with others, such person may maintain, in his own name, any action
thereon which he might maintain in case it had been made with him
only, and the consideration had moved from him to the party making
such covenant or promise.