Statute of Limitations Definition: A statute of limitations establishes a maximum time period within which a person or party can resolve a dispute. This law applies to both criminal and civil matters and requires that the alleged offense be dealt with legally within that specific time frame.
Once this time is exceeded, the alleged crime or civil matter can no longer be disputed in court. The statute of limitations varies depending on the province, region, and country. In some cases, this law may not apply, based on the type of offense or crime.