Statute of Limitations on Contracts

HB 3033 shortens the time limit for suing over contract disputes in West Virginia. It reduces the statute of limitations for written contracts from 10 years to 5 years and for oral contracts from 5 years to 3 years. This change directly affects individuals and businesses entering into written or verbal agreements, as they would have less time to file legal claims if a contract is breached. The bill amends West Virginia Code §55-2-6 to align the state's rules with those of most other states. The legislation is currently pending in the House Judiciary Committee after its introduction on February 28, 2025.