Product Liability:Two (2) years from when claim accrues.
Personal Injury (Caused by Negligence):Two (2) years from when claim accrues.
Statute of Repose:No claim may be brought after ten (10) years from the date that the product was delivered to its first purchaser or first lessee who was not engaged in a business in which the product was used as a component in the production, construction, creation, assembly, or rebuilding of another product. However, if the claim accrues between the eighth and tenth year from the delivery, the action may be commenced any time within two (2) years of such accrual date.
Accrual Rule:For product liability cases, the statute begins to toll when the injury or loss to person or property occurs. For cases related to exposure of toxins or compounds, the statute begins to toll on the date on which the plaintiff is informed by competent medical authority that the plaintiff has an injury that is related to the exposure, or upon the date on which by the exercise of reasonable diligence the plaintiff should have known that the plaintiff has an injury that is related to the exposure, whichever date occurs first.
