Hello,
Can you please tell me, when a creditor sells services or products to other states, what state regulates the statue of limitations?
The state of the creditor or purchaser?
Thank you
Mikki
Hello,
Can you please tell me, when a creditor sells services or products to other states, what state regulates the statue of limitations?
The state of the creditor or purchaser?
Thank you
Mikki
Things can vary, particularly if the buyer is a business as opposed to an individual, but it is usually the limitations period for the state of delivery of goods or services (the buyer's state).
Thank you for your response.
I am referring about a B2b application.
Thank you
In a business-to-business contract, if are "venue" and "choice of law" clauses, litigation would normally occur in the designated state and the laws and procedures of that state would typically apply. Check your contract.