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NC S393
Bill
Status
Engrossed
5/14/2013
Primary Sponsor
Daniel Clodfelter
Click for details
AI Summary
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Modifies the three-year limitations period for actions based on fraud or mistake under G.S. 1-52(9) to explicitly include constructive fraud.
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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.
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Clarifies that the cause of action accrues upon discovery of facts constituting actual or constructive fraud or mistake by the aggrieved party.
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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