Key: (1) language to be deleted (2) new language
Laws of Minnesota 1989 CHAPTER 187-S.F.No. 391 An act relating to civil actions; excluding certain structures from the limitation period provided by the uniform commercial code; amending Minnesota Statutes 1988, section 336.2-725. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 1988, section 336.2-725, is amended to read: 336.2-725 [STATUTE OF LIMITATIONS IN CONTRACTS FOR SALE.] (1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it. (2) A cause of action accrues when the breach occurs, regardless of the aggrieved party's lack of knowledge of the breach. A breach of warranty occurs when tender of delivery is made, except that where a warranty explicitly extends to future performance of the goods and discovery of the breach must await the time of such performance the cause of action accrues when the breach is or should have been discovered. (3) Where an action commenced within the time limited by subsection (1) is so terminated as to leave available a remedy by another action for the same breach such other action may be commenced after the expiration of the time limited and within six months after the termination of the first action unless the termination resulted from voluntary discontinuance or from dismissal for failure or neglect to prosecute. (4) This section does not alter the law on tolling of the statute of limitations, nor does it apply to causes of action which have accrued before this chapter becomes effective. Nor does this section apply to actions for the breach of any contract for sale of a grain storage structure that is an improvement to real property, which actions shall be subject only to the statute of limitations set forth in section 541.051. Sec. 2. [EFFECTIVE DATE; APPLICATION.] Section 1 is effective the day following final enactment and applies to matters pending on or commenced on or after the effective date. Presented to the governor May 18, 1989 Signed by the governor May 19, 1989, 8:55 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes