Loading chat...

NC S393

Bill

Status

Engrossed

5/14/2013

Primary Sponsor

Daniel Clodfelter

Click for details

Origin

Senate

2013-2014 Session

AI Summary

  • Modifies the three-year limitations period for actions based on fraud or mistake under G.S. 1-52(9) to explicitly include constructive fraud.

  • Creates exceptions to the three-year limitation period where different periods apply to constructive fraud claims under Article 3A of Chapter 39 or actual or constructive fraud claims under G.S. 75-1.1.

  • Clarifies that the cause of action accrues upon discovery of facts constituting actual or constructive fraud or mistake by the aggrieved party.

  • Effective upon becoming law and applies only to claims arising after the effective date.

Legislative Description

Constructive Fraud/Limitations Period

Last Action

Conf Com Appointed

6/20/2013

Committee Referrals

Judiciary Subcommittee A5/15/2013
Judiciary I3/25/2013

Full Bill Text

No bill text available