What is a statute of repose?

A statute of repose is a law in Oklahoma that provides a specific time frame after which an accident cannot be brought to court. This time frame is set at 2 years in Oklahoma. This means that a person must file a lawsuit within 2 years of the date of the accident in order to be eligible to receive compensation for any injuries or damages suffered as a result of the accident. The statute of repose is different from the traditional statute of limitations, which typically allows a 3-year period in which a lawsuit may be brought. The purpose of the statute of repose is to prevent the filing of spurious lawsuits after the statute of limitations has expired. This type of law adds an additional layer of protection for individuals and businesses from prolonged legal battles and potential liability.

Related FAQs

What is the role of a personal injury lawyer?
How much does it cost to hire a personal injury lawyer?
What is the Duty of Care in a Negligence Claim?
What types of evidence are admitted in a personal injury trial?
Can I sue a government agency for an accident?
What is a statute of limitations?
What is a workers’ compensation claim?
What rights do I have if I am injured in an accident?
What is the difference between compensatory and monetary damages?
What is the difference between compensatory and punitive damages?

What is a statute of repose?

Related FAQs

Related Blog Posts