Law360, New York (July 14, 2010, 2:37 PM EDT) -- On Aug. 1, Minnesota will lose its dubious distinction as a forum shopper’s Shangri-La. Minnesota Statute § 541.31 will at long last shut the courthouse doors on claims — by nonresidents — which arise under the laws of other states and are barred as untimely in those states, yet which remained viable under Minnesota’s generous six-year limitations period. See Minn. Stat. § 541.31 (2009).
Section 541.31, also known as the “borrowing statute,” provides, in pertinent part: