A BILL TO BE ENTITLED AN ACT RELATING TO THE LIMITATIONS PERIOD FOR ACTIONS ON THE GROUND OF CONSTRUCTIVE FRAUD.
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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