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WV HB3033

Bill

Official Source

Status

Introduced

2/28/2025

Primary Sponsor

Bob Fehrenbacher

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Reduces the statute of limitations for written contracts (including those under seal, signed contracts, and awards) from 10 years to 5 years
  • Shortens the statute of limitations for oral contracts and implied contracts from 5 years to 3 years
  • Partnership account settlements and merchant-to-merchant trade disputes may be brought within 3 years (reduced from 5 years) from the cessation of business dealings
  • Applies to actions on indemnifying bonds and fiduciary bonds (executors, administrators, guardians, sheriffs, clerks, and other public officers)
  • Intended to align West Virginia's contract limitation periods with those of other states

Legislative Description

Statute of Limitations on Contracts

Actions, Suits and Liens

Last Action

To House Judiciary

2/28/2025

Committee Referrals

Judiciary2/28/2025

Full Bill Text

No bill text available