§ 5525. Four year limitation
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 42 Pa.C.S.A. Judiciary and Judicial ProcedureEffective: August 19, 2002
Effective: August 19, 2002
42 Pa.C.S.A. § 5525
§ 5525. Four year limitation
(7) An action upon a negotiable or nonnegotiable bond, note or other similar instrument in writing. Where such an instrument is payable upon demand, the time within which an action on it must be commenced shall be computed from the later of either demand or any payment of principal of or interest on the instrument.
Credits
1976, July 9, P.L. 586, No. 142, § 2, effective June 27, 1978. Amended 1980, Oct. 5, P.L. 693, No. 142, § 501(a), effective in 60 days; 1982, Dec. 20, P.L. 1409, No. 326, art. II, § 201, effective in 60 days; 2002, June 19, P.L. 430, No. 62, § 2, effective in 60 days.
42 Pa.C.S.A. § 5525, PA ST 42 Pa.C.S.A. § 5525
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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