Uniform Statute of Limitations on Foreign Claims Act Law and Legal Definition

Uniform Statute of Limitations on Foreign Claims Act was promulgated by the Uniform Law Commission in 1957. It provides a uniform legislation to be applied to claims accruing outside of the forum. Section 2 of the act says that the period of limitation applicable to a claim accruing outside the state shall be either that prescribed by the law of the place where the claim accrued or by the law of the state, whichever first bars the claim. Oklahoma is one state that has adopted this act.