Chapter 17-4 Four-Year Statute of Limitations

• Jurisdiction: United States

17-4 Four-Year Statute of Limitations

The Texas Civil Practice & Remedies Code applies a four-year limitations period to the following causes of action:²¹

• Specific performance of a contract for the conveyance of real property
• Penalty or damages on the penal clause of a bond to convey real property
• Contract for a debt
• Fraud
• Breach of fiduciary duty
• Suit on the bond of an executor, administrator or guardian (four years from the death, resignation, removal or discharge)
• Suit against partner for settlement of partnership accounts
• Suit on an open or stated account or a mutual and current account concerning the trade of merchandise between merchants or their agents.

17-4:1 The Residual Four-Year Limitations Period

Section 16.051 of the Texas Civil Practice & Remedies Code provides a residual limitations period of four years...