statute of repose

Noun

(law) A law that sets a time limit for legal liability starting from the occurrence of a specified act (typically completion of a product or point of sale).

Japanese Meaning

（法）特定の行為（通常は製品の完成や販売時点）から起算して、法的責任を追及できる期間の上限を定める法律

What is this buttons?

The manufacturer invoked the statute of repose to avoid liability for the decade-old defect.

Google Translation / DeepL Translation

メーカーは責任の時効を定める法律を根拠に、10年前の欠陥について責任を免れた。

Details

Sense（1）

(law) A law that sets a time limit for legal liability starting from the occurrence of a specified act (typically completion of a product or point of sale).

Therefore, a plaintiff's cause of action may be extinguished by the statute of repose before the applicable statute of limitations time period expires, and a statute of repose may start running before a plaintiff's cause of action accrues.

Google Translation / DeepL Translation

Details

statutes of repose

（ plural ）

Details

statute of repose

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