House amendments to the 1st edition make the following changes.
Amendment #1 amends GS 1-52(9) to provide that in cases of constructive fraud, discovery is defined as actual discovery.
Amendment #2 changes the act's effective date from when the act became law to October 1, 2013, applying to causes of action accruing on or after that date.
Bill S 393 (2013-2014)Summary date: Jun 4 2013 - View summary
Bill S 393 (2013-2014)Summary date: Mar 21 2013 - View summary
Amends GS 1-52(9) to provide that the provisions of the subdivision regarding limitation periods for actions on fraud applies to actual or constructive fraud (was, fraud). Provides that this subdivision does not apply in claims alleging constructive fraud brought under Article 3A of GS Chapter 39 or claims for actual or constructive fraud under GS 75-1.1. Makes a conforming change.
Effective whenthe actbecomes law and applies to claims arising on or after that date.