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AZ HB2412
Bill
Status
Passed
4/12/2011
Primary Sponsor
Kyrsten Sinema
Click for details
AI Summary
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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).
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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.
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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