Illinois Breach Of Fiduciary Duty Statute of Limitations
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Illinois statute-of-limitations: period is 3; statute of limitations years is 2.
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- Period: 3
- Statute Of Limitations Years: 2
- Government Notice Period Days: 365
- Limitation Period: 3 years
How the limitation period applies
The controlling primary authority for US-IL breach of fiduciary duty SOL (735 ILCS 5/13-205, as applied by Hassebrock v. Ceja Corp., 2015 IL App (5th) 140037) is 735 ILCS 5/13-205, as applied by Hassebrock v. Ceja Corp., 2015 IL App (5th) 140037.
Illinois — Statute of Limitations
5 years
Statute of limitations for breach of fiduciary duty
735 ILCS 5/13-202
Calculate for your specific situation:
735 ILCS 5/13-205, as applied by Hassebrock v. Ceja Corp., 2015 IL App (5th) 140037. Sec. 13-205. Five year limitation. Except as provided in Section 2-725 of the "Uniform Commercial Code", approved July 31, 1961, as amended, and Section 11-13 of "The Illinois Public Aid Code", approved April 11, 1967, as amended, actions on unwritten contracts, expressed or implied, or on awards of arbitration, or to recover damages for an injury done to property, real or personal, or to recover the possession of personal property or damages for the detention or conversion thereof, and all civil actions not otherwise provided for, shall be commenced within 5 years next after the cause of action accrued.
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DocketMath's statute-of-limitations tool can model these timelines once you identify the controlling claim type and accrual date. Use the source panel for the verified primary-source citations.
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Sources
All sources are official primary law published by www.ilga.gov.
Corroboration method: government_primary_source_direct_fetch.
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