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AZ HB2412

Bill

Status

Passed

4/12/2011

Primary Sponsor

Kyrsten Sinema

Click for details

Origin

House of Representatives

Fiftieth Legislature - First Regular Session (2011)

AI Summary

  • Amends Arizona Revised Statutes Section 12-548 to expand the six-year statute of limitations for debt actions to include credit card debts as defined in Section 13-2101, paragraph 3, subdivision (a).

  • Establishes that actions on debt must be commenced within six years after the cause of action accrues if the indebtedness is evidenced by a contract in writing executed in Arizona or by a credit card.

  • Adds a choice of law provision stating that if there is a conflict between another jurisdiction and Arizona regarding the statute of limitations for debt actions, Arizona law applies.

Legislative Description

Credit card agreements.

Last Action

Governor Signed

4/12/2011

Full Bill Text

No bill text available