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Statute of Limitations


A state or federal law that provides the maximum amount of time a party can bring a legal proceeding for a cause of action.

A statute of limitations sets the time limit to file a lawsuit based on either (a) when the party suffered the harm/loss, or (b) when the party knew or should have known of the harm/loss (i.e. “the discovery rule); depending on the type of claim.

Also seen as

  • SOL