What is a statute of repose?

A statute of repose is a law that limits the amount of time a person has to file a civil suit after an accident or injury in North Carolina. The statute of repose acts as a defensive measure for property owners, businesses, and insurance companies as it prevents cases from being brought forward years after the incident occurred. The main purpose of the statute of repose is to protect potential defendants from liability for incidents that occurred in the past. The statute of repose in North Carolina sets a time limit for certain types of legal cases. For instance, individuals who want to file a lawsuit against a doctor for medical negligence have a limit of three years from the date of the injury or from the date they discovered the injury. In some cases, the statute of repose also applies to minors. For instance, in North Carolina, minors who have an accident or injury have until their 18th birthday to file a lawsuit. This statute of repose is especially beneficial for minors because it ensures they have a greater amount of time to file a lawsuit instead of waiting until their adulthood. Overall, the statute of repose in North Carolina is an important law that helps protect potential defendants, such as property owners and businesses, from being held liable for incidents that occurred in the past. It also ensures that minors have more time to file a lawsuit if necessary.

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What is a statute of repose?

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