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Statute of limitations; rejection of valid rescission as bar to action.

MCL 125.2333
in effect
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125.2333. Statute of limitations; rejection of valid rescission as bar to action. 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. 1987, Act 96, Imd. Eff. July 6, 1987
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-125-2333Fetched: 10/20/2026

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