Modifies the statute of limitations for certain actions from five years to two years

SB 1799 - Currently, actions based upon contracts, obligations, or liabilities with certain exceptions, actions for statutory liabilities with certain exceptions, actions for trespass, actions for takings, actions for personal injury or injury to the rights of another not arising under contract, and actions for relief for fraud shall be brought within five years. This act provides that the statute of limitations for such actions shall be two years.