nonclaim statute
noun1
Synonym of statute of repose.
- 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.2008, Gerry W. Beyer, Texas Estate Administration: Cases and Materials, →ISBN, page 16:
- 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.2011, William McGovern Jr, Sheldon Kurtz, David English, McGovern, Kurtz and English's Principles of Wills, Trusts and Estates, →ISBN:
1 more example
- The effect of the running of the domiciliary nonclaim statute on Maine creditors is unclear.2016, James E. Mitchell, Maine Probate Procedure, →ISBN: