§ 1711. — Limitation of actions.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC1711]
TITLE 15--COMMERCE AND TRADE
CHAPTER 42--INTERSTATE LAND SALES
Sec. 1711. Limitation of actions
(a) Section 1703(a) violations
No action shall be maintained under section 1709 of this title with
respect to--
(1) a violation of subsection (a)(1) or (a)(2)(D) of section
1703 of this title more than three years after the date of signing
of the contract of sale or lease; or
(2) a violation of subsection (a)(2)(A), (a)(2)(B), or (a)(2)(C)
of section 1703 of this title more than three years after discovery
of the violation or after discovery should have been made by the
exercise of reasonable diligence.
(b) Section 1703(b) to (e) violations
No action shall be maintained under section 1709 of this title to
enforce a right created under subsection (b), (c), (d), or (e) of
section 1703 of this title unless brought within three years after the
signing of the contract or lease, notwithstanding delivery of a deed to
a purchaser.
(Pub. L. 90-448, title XIV, Sec. 1412, Aug. 1, 1968, 82 Stat. 596; Pub.
L. 96-153, title IV, Sec. 406, Dec. 21, 1979, 93 Stat. 1131.)
Amendments
1979--Pub. L. 96-153 designated existing provisions as subsec. (a),
substituted provisions setting forth limitations relating to any action
maintained under section 1709 of this title, for provisions setting
forth limitations relating to any action maintained to enforce any
liability created under section 1709(a) or (b)(2) of this title, and
added subsec. (b).
Effective Date of 1979 Amendment
Amendment by Pub. L. 96-153 effective on effective date of
regulations implementing such amendment, but in no case later than six
months following Dec. 21, 1979, see section 410 of Pub. L. 96-153, set
out as a note under section 1701 of this title.
