Let me respond, first of all, there is an expressed warranty provision in that that would cover the situation the gentleman mentioned. Let me say to my colleagues that when working on the statute of repose, we were looking for a particular length of time for the statute of repose. we found, to our amazement, that the longest statute of repose of any State is the State of Texas, the Lone Start State. And basically the statute of repose that is in this statute or in this bill copies almost word for word the Texas statute.
Hon. Michael G. Oxley: “Let me respond, first of all, there is an expressed warranty provision in that that would cover the situation the…”
Editor's note · Context
Discussing the statute of repose and its similarities to Texas law.
Share
More from Hon. Michael G. Oxley
Mr. Speaker, just in closing, let me salute our good friend from California, who has had a passionate interest in housing ever since she got here and has worked extremely well as the ranking member of the subcommittee with the chairman and…
Well, I think the gentleman from Massachusetts makes a good point. I think once we start down this slippery slope it is really not in the best interests of this institution. And I think, talking to Members privately on both sides of the…
just in conclusion, I thank the gentleman from Pennsylvania for his kind words, and all the members on the committee who worked so hard on this, particularly Mr. Kanjorski and Mr. Frank on that side, and many, many others. Mr. Speaker…
two and a half years ago we all watched in horror as the space shuttle Columbia fell apart during re-entry over the Southwest. Nearly two decades ago, we all watched in horror as the Challenger blew up on launch. And before that, we…





