The statute of limitation under 12 O.S. § 95 requires that a lawsuit for breach of contract must be brought within five years if the claim arises from a written contract and within three years if the dispute comes from a contract not reduced to writing. The time in which to file the lawsuit starts at
statute
What Is A Statute Of Repose?
By Steven V. Buckman on
Posted in Property Insurance
A statute of repose as well as a statute of limitation is a legislative means of ending or terminating the time in which a lawsuit may be brought. "In practical terms, a statute of repose marks the outer time boundary for judicial enforcement of a substantive right whereas a statute of limitation interposes itself only…
Homeowners’ Insurers Must Furnish Blank Proof Of Loss Forms Within 60 Days
By Steven V. Buckman on
Posted in Homeowners' Insurance