Sec. 33. A person may not bring an action under this act more than 3 years after the contract of sale, except that a person suing because of a violation of section 27 may not bring an action more than 6 years after the date of sale. A person may not bring an action if he or she previously rejected a valid rescission offer made at least 30 days after the transaction, except that a person suing under section 24 shall bring an action for rescission within 1 year.
Mich. Comp. Laws § 125.2333
Statute of limitations; rejection of valid rescission as bar to action
Applied in 1 court decision — leading case Johnson v. QFD, Inc. (2011)
Most recently applied in Johnson v. QFD, Inc. (April 2011)
1987, Act 96, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.