Statute of Limitations for Common Law Fraud / Deceit in Colombia
How the limitation period applies
The controlling primary authority for CO oral contract SOL (Código Civil art. 2536) is Código Civil Colombiano art. 2536.
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Código Civil Colombiano art. 2536. La acción ejecutiva se prescribe por cinco (5) años. Y la ordinaria por diez (10). La acción ejecutiva se convierte en ordinaria por el lapso de cinco (5) años, y convertida en ordinaria durará solamente otros cinco (5). Una vez interrumpida o renunciada una prescripción, comenzará a contarse nuevamente el respectivo término.
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Sources
All sources are official primary law published by www.secretariasenado.gov.co.
Corroboration method: government_primary_source_direct_fetch.
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