15 U.S.C. § 1711
Section 1711 · Limitation of actions
Amended 2 times on record
Applied in 78 court decisions — leading case Lampf, Pleva, Lipkind, Prupis & Petigrow v. Gilbertson (1991)
Most recently applied in Walbeck v. I'On Co. (August 2018)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
No action shall be maintained under section 1709 of this title with respect to—
(1) a violation of subsection (a)(1) or (a)(2)(D) of section 1703 of this title more than three years after the date of signing of the contract of sale or lease; or
(2) a violation of subsection (a)(2)(A), (a)(2)(B), or (a)(2)(C) of section 1703 of this title more than three years after discovery of the violation or after discovery should have been made by the exercise of reasonable diligence.
No action shall be maintained under section 1709 of this title to enforce a right created under subsection (b), (c), (d), or (e) of section 1703 of this title unless brought within three years after the signing of the contract or lease, notwithstanding delivery of a deed to a purchaser.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1979—Pub. L. 96 153 designated existing provisions as subsec. (a), substituted provisions setting forth limitations relating to any action maintained under section 1709 of this title, for provisions setting forth limitations relating to any action maintained to enforce any liability created under section 1709(a) or (b)(2) of this title, and added subsec. (b).
Effective Date of 1979 Amendment
Amendment by Pub. L. 96 153 effective on effective date of regulations implementing such amendment, but in no case later than six months following Dec. 21, 1979, see section 410 of Pub. L. 96 153, set out as a note under section 1701 of this title.