13.7.1 Statute of Limitations.
Jurisdiction | Arizona |
13.7.1 Statute of Limitations. A claim arising under Arizona’s Consumer Fraud Act is subject to the 1-year statute of limitations applicable to liability created by statute, rather than the 3-year period for actions arising out of common law fraud.130 As with common law fraud claims, an Act claim accrues pursuant to the discovery rule; or, “when the defrauded party discovers or with reasonable diligence could have discovered the fraud.”131
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Notes:
[130] Murry v. Western Am. Mtg. Co., 124 Ariz. 387...
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