SEC. 75-71-725. Limitation of actions.
No action shall be maintained to enforce any liability created under section 75-71-717 (2) unless brought within two (2) years after the discovery of the untrue statement or omission, or after such discovery should have been made by the exercise of reasonable diligence, or, if the action is to enforce a liability created under section 75-71-717 (1) unless brought within two (2) years after the violation upon which it is based.
SOURCES: Laws, 1981, ch. 521, Sec. 410, eff from and after July 1, 1981.