A statute setting a time limit on legal action in certain cases. A statute of limitations is the legal date or time period set as an expiration date on the amount of time that a person or the state can seek legal action. In Idaho the statute of limitations for specific types of cases:
Contract in writing- 5 years (Idaho Code section 5-216)
Contract (oral)- 4 years (Idaho Code section 5-217)
Fraud- 3 years (Idaho Code 5-218(4)
Action to foreclose on real property- 5 years (Idaho Code 5-214A)