nonclaim statute

English

Noun

nonclaim statute (plural nonclaim statutes)

  1. Synonym of statute of repose
    • 2008, Gerry W. Beyer, Texas Estate Administration: Cases and Materials, →ISBN, page 16:
      A typical nonclaim statute provides that if a creditor does not present the creditor's claim for payment within four months after receiving notice, the creditor's claim is forever barred even if the statute of limitations on that claim has not yet expired.
    • 2011, William McGovern Jr, Sheldon Kurtz, David English, McGovern, Kurtz and English's Principles of Wills, Trusts and Estates, →ISBN:
      A claim that is presented within the limits of a nonclaim statute may be dismissed because the statute of limitations has run and vice-versa.
    • 2016, James E. Mitchell, Maine Probate Procedure, →ISBN:
      The effect of the running of the domiciliary nonclaim statute on Maine creditors is unclear.
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