Bill > HB41

This bill modifies Missouri Revised Statutes Section 516.120 by reducing the statute of limitations from five years to three years for several types of legal actions, including actions on contracts, obligations, or liabilities; actions based on statutory liabilities; actions for trespass on real estate; actions for damages to personal property or other personal injuries not arising from contracts; and actions for relief based on fraud. The statute of limitations for fraud-related actions remains unchanged, allowing plaintiffs to bring such cases within ten years of discovering the fraudulent facts. A statute of limitations is a legal time limit that determines how long a person has to file a lawsuit after an alleged incident or harm occurs. By shortening the general statute of limitations from five to three years, this bill aims to expedite legal proceedings and provide more certainty for potential defendants, while maintaining the existing provisions for fraud-related claims.

https://house.mo.gov/Bill.aspx?bill=HB41&year=2025&code=R