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OH HB251
Bill
Status
12/9/2020
Primary Sponsor
George Lang
Click for details
AI Summary
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Shortens the statute of limitations for actions on written contracts from 8 years to 6 years after the cause of action accrues.
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Reduces the statute of limitations for actions on unwritten contracts or liability created by statute from 6 years to 4 years after the cause of action accrues.
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Establishes a new statute of repose for legal malpractice actions, barring claims brought more than 4 years after the act or omission occurred, with a 1-year discovery exception if the plaintiff could not reasonably have discovered the injury within 3 years.
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Applies the shortened limitations periods to actions where the cause of action accrues on or after the effective date; for prior causes of action, provides transition rules allowing 6 years or 4 years from the effective date, whichever expires first.
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Extends the tolling of criminal, civil, and administrative statutes of limitations through July 30, 2020, to preserve time-sensitive claims during the declared emergency period.
Legislative Description
Shorten the period of limitations for actions on a contract
Commerce
Last Action
Passed - Amended
12/9/2020