HB 1404 -- STATUTES OF LIMITATION

SPONSOR: Billington

This bill decreases the statute of limitation on certain actions from five years to three years. Such actions include all actions for contracts, with some exceptions; actions for a liability, other than a penalty or forfeiture, created by statute; actions for trespass on real estate; actions for taking, detaining, or injuring any goods or chattels; and actions for relief on the ground of fraud.

Statutes affected:
Introduced (3038H.01): 516.120