Section 600.5807 - Damages for breaches of contract; specific performance; fiduciary bonds; deeds; mortgages; surety bonds; appeal bonds; public obligations.
REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961
600.5807 Damages for breaches of contract; specific performance; fiduciary bonds; deeds; mortgages; surety bonds; appeal bonds; public obligations.
Sec. 5807.
No person may bring or maintain any action to recover damages or sums due for breach of contract, or to enforce the specific performance of any contract unless, after the claim first accrued to himself or to someone through whom he claims, he commences the action within the periods of time prescribed by this section.
(1) The period of limitations on actions charging any surety on any bond of any executor, administrator, guardian is 4 years after the discharge of the executor, administrator, or guardian.
(2) The period of limitations is 10 years for actions founded upon bonds of public officers.
(3) The period of limitations on actions founded upon bonds executed under sections 41.80 and 41.81 of the Compiled Laws of 1948, is 2 years after the expiration of the year for which the constable was elected.
(4) The period of limitations is 10 years for actions founded upon covenants in deeds and mortgages of real estate.
(5) The period of limitations is 2 years for actions charging any surety for costs.
(6) The period of limitations is 2 years for actions brought on bonds or recognizances given on appeal from any court in this state.
(7) The period of limitations is 10 years for actions on bonds, notes, or other like instruments which are the direct or indirect obligation of, or were issued by although not the obligation of, the state of Michigan or any county, city, village, township, school district, special assessment district, or other public or quasi-public corporation in the state of Michigan.
(8) The period of limitations is 6 years for all other actions to recover damages or sums due for breach of contract.
History: 1961, Act 236, Eff. Jan. 1, 1963