SOLs and Borrowing Statutes - Case Law in Is There a Lawyer in the House Posted Thursday at 08:47 PM · Report reply This issue frequently comes up in these forums, so I thought I would post a collection of these cases here. SOLs vary considerably by state. Some states have a SOL as short as three years. Significantly, one of these is Delaware, which is where a number of banks are incorporated due to favorable corporate laws. Examples include Discover, Chase, Bank of America, and Barclays. If your state has a longer SOL, and if it has a borrowing statute, the shorter SOL should be honored. Meaning, if Discover sues you after three years, their claim is time-barred, as if they sued in Delaware, even though your state has a longer SOL. These are the cases I am familiar with that address borrowing statutes: FLORIDA: L.W.T. v. Brodsky, 2006 WL 3617983 (Fla. Cir. Ct. 2006) CALIFORNIA: Resurgence v. Chambers https://caselaw.findlaw.com/ca-superior-court/1289969.html NEW YORK: Portfilio Recovery v. King https://casetext.com/case/portfolio-recovery-v-king-3 OHIO: Taylor v. First Resolution Invest. Corp., 148 Ohio St.3d 627, https://www.supremecourt.ohio.gov/rod/docs/pdf/0/2016/2016-Ohio-3444.pdf If people know of any others, please post them here.