29 U.S.C. § 1113 — Limitation of actions

submitted 52 years ago by Pub. L. 93-406 to r/title-29-LABOR · 127 words · no verdicts yet

in plain englishAI-generated · not legal advice

An action about a fiduciary breach or a violation under this part must be filed by the earlier of the stated six-year or three-year deadline. Fraud or concealment has a discovery-based six-year deadline.

No action may be commenced under this subchapter about a fiduciary’s breach of any responsibility, duty, or obligation under this part, or about a violation of this part, after the earlier of— (1) six years after (A) the date of the last action which constituted a part of the breach or violation, or (B) in the case of an omission the latest date on which the fiduciary could have cured the breach or violation, or (2) three years after the earliest date on which the plaintiff had actual knowledge of the breach or violation; except that in the case of fraud or concealment, such action may be commenced by six years after the date of discovery of such breach or violation.

the actual law source: uscode.house.gov ↗public domain

No action may be commenced under this subchapter with respect to a fiduciary’s breach of any responsibility, duty, or obligation under this part, or with respect to a violation of this part, after the earlier of—

(1)

six years after (A) the date of the last action which constituted a part of the breach or violation, or (B) in the case of an omission the latest date on which the fiduciary could have cured the breach or violation, or

(2)

three years after the earliest date on which the plaintiff had actual knowledge of the breach or violation;

except that in the case of fraud or concealment, such action may be commenced not later than six years after the date of discovery of such breach or violation.

Source credit: (Pub. L. 93–406, title I, § 413, Sept. 2, 1974, 88 Stat. 889; Pub. L. 100–203, title IX, § 9342(b), Dec. 22, 1987, 101 Stat. 1330–371; Pub. L. 101–239, title VII, §§ 7881(j)(4), 7894(e)(5), Dec. 19, 1989, 103 Stat. 2443, 2450.)

history & why it existsrecord from the source credit

1974Enacted · Pub. L. 93-406 · 88 Stat. 889
1987Amended · Pub. L. 100-203 · 101 Stat. 1330
1989Amended · Pub. L. 101-239 · 103 Stat. 2443, 2450

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-406 on 1974-09-02.

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