The abbreviation refers to the limitations period governing when an action must be commenced. Periods vary by claim type and jurisdiction, commonly ranging from one to six years for tort and contract claims.
Accrual, discovery, and tolling rules determine when the period runs.
Alternative Names:
Statute of Limitations (Abbreviation)
Why it Matters?
Limitations analysis is the first substantive review in any new matter, because the defense is complete and requires no engagement with the merits. The elements requiring separate analysis are the applicable period for each pleaded claim, the accrual date under the discovery rule, and any tolling from minority, incapacity, or agreement. Multiple claims in one complaint may carry different periods.
Frequently Confused with
Related terms
Frequently asked questions
What must be analyzed for each claim?
Can claims in one complaint have different periods?
