QUESTION
What is a stature of limitation in breach of business contract in new york
Asked on Jun 16th, 2016 on Breach of Contract - New York
More details to this question:
I have a contract with my broker who breach our contract by not paying MTA taxes. What is time limit I still make a lawsuit against him
1 ANSWER
Assuming that no other limitations period is set forth in the contract, the New York statute of limitations for breach of a contract not falling within Article 2 of the UCC (involving the sale of goods) is 6 years from the breach. The UCC Article 2 statute of limitations for breach is 4 years from the breach.
Answered on Jun 17th, 2016 at 11:12 AM