Question

When no fraud is present, an action to recover monies arising from the violation of the uniform securities act must commence within ______.

Answer 1

Answer:

• Any and all civil lawsuits shall be brought within 3 years of the execution of the contract of sale.
• These cases can not really be brought until 2 years once the details and facts constituting the breach have been uncovered and identified.

However, all of these is actions must be made if no fraud was present.