What is a statute of repose?
A statute of repose is a type of law that sets a time limit on when a person can make a claim against another person for an injury or damage they suffered due to an accident. In Minnesota, the statute of repose is six years. This means that if a person is in an accident or suffers an injury, they have six years after the date of the accident to make a claim against the other person involved. If they do not make a claim within this time, then their right to make any claim is extinguished. This ensures that people do not wait too long to make a claim, and it also protects individuals from being held liable for an accident that happened many years ago. The statute of repose is an important part of accident law in Minnesota, and it helps to ensure fairness to both parties involved in an accident.
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