A statute of limitation is a type of law that restricts someone from bringing forth a lawsuit after a certain period of time has passed
For example, say you were in a car accident three years ago and your car was totaled. Now today, you decide to file a lawsuit against the person who wrecked into you in order to help pay for a new car. Unfortunately, the statute of limitations for Texas personal injury cases is two years. Because you waited three years from the date of the accident, which is one year passed the statute of limitations, you will not be able to file a lawsuit.
Victims of car accidents need to know about this limited period of time to file a lawsuit after their accident. In both Texas and Oklahoma it is 2 years from the date the accident occurred.