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Is there a statute of limitations regarding the actions for compensation for the damage from defective products?

Is there a statute of limitations regarding the actions for compensation for the damage from defective products?

The term of a limitation of an action for the compensation for damages caused by defective products is two years, beginning from the time the victim knows or should have known that his rights had been infringed. However, the right of claiming compensation for damages caused by defective products is unattainable after ten years from the time when the defective products were delivered to the first user or consumer.

 

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