A statute that establishes the time period during which a lawsuit must be brought; if the lawsuit is not brought within this period, the injured party loses the right to sue. Every state has a statute of limitations that applies to contract actions. Even though the time periods vary from state to state, the usual period for bringing a lawsuit based on breach of contract is one to five years.
Recent Tweets
GetLegal@GetLegalEach year, over 2 million consumers are victims of fraud, identity theft, and other scams. Find out how to protect… twitter.com/i/web/status/1…3 days ago17 May 2019
