sol in illinois
Date: Mon, 11/03/2008 - 15:27
Illinois Statutes of Limitation Breach of contract for sale
Illinois Statutes of Limitation
Breach of contract for sale under the UCC: 4 years.
Open account or unwritten contract: 5 years. NOTE: Except, as provided in 810 ILCS 5/2- 725 (UCC), actions based on a written contract must be filed within 10 years, but if a payment or new written promise to pay is in made during the 10 year period, then the action may be commenced within 10 years after the date of the payment or promise to pay.
Domestic judgments: 20 years, but can be renewed during that 20-year period.
Foreign judgments are the same time as allowed by the laws of the foreign jurisdiction.
Tolling: A person's absence from the state or during the time that an action is stayed by injunction, court order or by statutory prohibition tolls the time limit.
Non Sufficient Funds (NSF or Payment of Negotiable Instruments) checks: 3 years of the dishonor of the draft or 10 years after the date of the draft, whichever expired first: 810 ILCS 5/3-118
Assuming most places try to cash right away, and would get notic

Assuming most places try to cash right away, and would get notice of the NSF very quickly ... so it's roughly a 3 year time frame. ....... I wonder why the legislature felt the need to add a conditional "or 10 years after the date of the draft, whichever expired first." -- does anyone wait 7 years to cash a check to even get that far along?
