A host of new laws passed by the North Carolina legislature earlier this year take effect today. Among them is a law that extends the statute of repose for consumers injured by defective products from six years to twelve years.
Products Liability
Bills protecting workers and consumers signed by Governor Perdue
The Statute of Repose Bill was signed by Governor Perdue on August 5, and becomes effective on October 1, 2009. The bill extends the outer time limit for individuals injured by defective products to file claims. The text of the bill can be found here. The Guaranty Fund Bill, which expands the coverage of the N.C. […]