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Statute of limitations   /stˈætʃut əv lˌɪmɪtˈeɪʃənz/   Listen
Statute of limitations

noun
1.
A statute prescribing the time period during which legal action can be taken.





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"Statute of limitations" Quotes from Famous Books



... that it is doubtful if some of the old English worthies could now identify it. Once a defendant could plead to an action of assumpsit just as many defences as he chose; first, he could deny the whole by pleading the general issue; then he could plead the statute of limitations, infancy, accord and satisfaction, and a dozen other pleas, by which the plaintiff would be deprived of any clue to the real defence. I suppose it was this practice of formal lying which has given rise to the popular error that a lawyer is in the habit of lying, or ...
— Minnesota and Dacotah • C.C. Andrews
... this sort of thing until enlightened private enterprise has shown the way. Our prudent observer of mankind in general, and of the very rich in particular, would again reflect that, granting much of the socialist indictment of capital as illgained, common sense requires a statute of limitations. At a certain point restitution makes more trouble than the possession of illegitimate wealth. Debts, interest, and grudges cannot be indefinitely accumulated and extended. It is the entire disregard of this simple and generally admitted principle that ...
— The Unpopular Review, Volume II Number 3 • Various


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