Bill Text: OH SB224 | 2011-2012 | 129th General Assembly | Enrolled
Bill Title: To shorten the period of limitations for actions upon a contract in writing.
Spectrum: Strong Partisan Bill (Republican 54-3)
Status: (Passed) 2012-09-28 - Effective Date [SB224 Detail]
Download: Ohio-2011-SB224-Enrolled.html
To amend section 2305.06 of the Revised Code to shorten the period of limitations for actions upon a contract in writing.
Be it enacted by the General Assembly of the State of Ohio:
SECTION 1. That section 2305.06 of the Revised Code be amended to read as follows:
Sec. 2305.06. Except as provided in sections 126.301 and
1302.98 of the Revised Code, an action upon a specialty or an
agreement, contract, or promise in writing shall be brought within
fifteen eight years after the cause thereof of action accrued.
SECTION 2. That existing section 2305.06 of the Revised Code is hereby repealed.
SECTION 3. Subject to Section 4 of this act, section 2305.06 of the Revised Code, as amended by this act, applies to actions in which the cause of action accrues on or after the effective date of this act.
Section 4. For causes of action that are governed by section 2305.06 of the Revised Code and accrued prior to the effective date of this act, the period of limitations shall be eight years from the effective date of this act or the expiration of the period of limitations in effect prior to the effective date of this act, whichever occurs first.