statute of limitations

(redirected from Statute of limitation)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

statute of limitations

[stach′o̅o̅t]
Etymology: L, statuere, to set up, limes, boundary
(in law) a statute that sets a limit of time during which a suit may be brought or criminal charges may be made. In a malpractice suit, dispute may arise as to whether the time set by the particular statute of limitations begins to run at the time of the injury or at the time of the discovery of the injury.

statute of limitations

Malpractice A doctrine that allows a plaintiff 2 to 3 yrs–depending upon the state in the US, from the time of the alleged malpractice or negligence–by a physician or hospital–to file a lawsuit. See Emancipated minor, Malpractice.

Statute of Limitations

the law which limits the time after an event during which a court action related to a claim for damages arising out of the event can be initiated.
References in periodicals archive ?
To avoid these pitfalls, taxpayers should be made aware that when they file a return showing the creation of an NOL, the records supporting the loss carryforward should be kept until the NOL is fully utilized and the return including the final NOL deduction expires under the three-year statute of limitation.
Practitioners need to be mindful that their decisions might also unexpectedly trigger the six-year statute of limitation.
The bank appealed, and in considering the appeal, the Indiana Court of Appeals recognized that the state's applicable statute of limitations for professional negligence is two years.
Aware that the statute of limitations would bar any action beyond the three-year time frame, Murray filed his personal injury claim before the September 13, 2006, deadline.
35) The statute of limitations began running before May 17, 1999, notwithstanding the fact that all of Joy's brothers, the perpetrators of the abuse, remained in complete control of the corporation long after this date.
In 33 states, the statute of limitations for rape charges is 10 years or more; 20 states have no time limit.
The new language in the statute of limitations is much more complex than that originally found in the Public Disclosure Act.
Of course, no state statute of limitations exists in the seven states that do not have a state income tax (Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming).
The letter said that FEMA has "reportedly maintained" that the extension of the proof of loss deadline did not affect the statute of limitations.
which similarly held that the appointment of an interim trustee does not trigger the extension of the statute of limitations for the commencement of preference and other avoidance actions where the permanent trustee was elected at the Section 341 meeting of creditors more than two years after the order for relief.
An examination of RICO and its legislative history sadly reveals that it does not contain a provision for a statute of limitations specifically designed to take into account the unique character of a RICO investigation and prosecution.
ANKARA (CyHAN)- The family members of several people whose mysterious deaths shook the country have made a joint call on Parliament to take immediate action so that the cases into those deaths will not be dropped due to the statute of limitations.