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Bill > S477
NJ S477
NJ S477Requires legal action against certain licensed persons to be brought within two years.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
2010-2011 Regular Session
Bill Summary
This bill reduces the statute of imitations period for certain actions against professionals who are licensed persons as defined in N.J.S.A.2A:53A-26. Specifically, the bill amends current law to reduce the six year limitations period to two years for actions against certain licensed professionals. By establishing a two year statute of limitations for certain claims, licensed professionals will be treated in the same manner as health care providers subject to the two year statute limitations period set forth in N.J.S.2A:14-2. A two year statute of limitations period, moreover, will provide businesses offering professional services to predict with greater certainty, potential liabilities and to plan for such liabilities accordingly. The bill also prohibits the award of attorney fees in an action brought against a licensed professional pursuant to the bill, unless they are authorized by statute or the Rules of Court.
AI Summary
This bill shortens the time limit, known as the statute of limitations, for filing lawsuits against certain licensed professionals in New Jersey. Previously, there was a six-year window to bring such actions, but this bill reduces it to two years, aligning it with the existing two-year limit for healthcare providers. This change aims to provide licensed professionals with greater certainty regarding potential liabilities. Additionally, the bill prohibits awarding attorney fees in these lawsuits unless specifically allowed by law or court rules.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Withdrawn from Consideration (on 08/25/2011)
bill text
bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| Bill | https://www.njleg.state.nj.us/2010/Bills/S0500/477_I1.HTM | 05/28/2012 |
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