CONSTRUCTIVE FRAUD/LIMITATIONS PERIOD.

View NCGA Bill Details2013-2014 Session
Senate Bill 393 (Public) Filed Thursday, March 21, 2013
A BILL TO BE ENTITLED AN ACT RELATING TO THE LIMITATIONS PERIOD FOR ACTIONS ON THE GROUND OF CONSTRUCTIVE FRAUD.
Intro. by Clodfelter.

Status: Conf Com Appointed (House Action) (Jun 20 2013)

Bill History:

S 393

Bill Summaries:

  • Summary date: Jun 4 2013 - More information

    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.


  • Summary date: Mar 21 2013 - More information

    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.


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