Running of the statute of limitations

RUNNING OF THE STATUTE OF LIMITATIONS. A metaphorical expression, by which is meant that the time mentioned in the statute of limitations is considered as passing. 1 Bouv. Inst. n. 861.

References in periodicals archive ?
Taxes for which a taxpayer and the Department have agreed to interrupt and suspend the running of the statute of limitations until December 31, 2015.
Delaying the running of the statute of limitations while criminal investigations run their course is salient.
The Senate Report to the 1953 Act gives the following reasons for the change: "Section 3801 of the code allows either the taxpayer or the Commissioner to correct an improper tax result in certain cases where such action would otherwise be prevented by the running of the statute of limitations .
The Lilly Ledbetter Fair Pay Act provides that each discriminatory paycheck or benefits payment (such as a pension payment), rather than the original discriminatory compensation decision, begins the running of the statute of limitations under the Equal Pay Act.
Instead, the court established that scienter, or intent, is a critical part of a Section 10(b) fraud claim, and thus its presence is necessary to establish the running of the statute of limitations.
However, the plaintiff contended that the running of the statute of limitations for the decedent's conscious pain and suffering was not time barred.
The issue in the case was whether the "discovery rule" tolled the running of the statute of limitations until April 14, 1999.
The court held that the obligation of the guarantor was not barred by the running of the statute of limitations against the principal debtor or the discharge of the principal debtor in bankruptcy.
Merely filing a claim by November 21, 2000, does not toll the running of the statute of limitations.
In addition, they argued that in the context of a product liability lawsuit, this information alone is sufficient to trigger the running of the statute of limitations.
For the purposes of this Note, there is only one relevant statutory tolling rule, that from the Clayton Act that tolls the running of the statute of limitations for private civil actions during the pendency of a civil or criminal proceeding instituted by the United States that is based on the same facts.