Legal Concepts: Forfeiture, Agency, and Proxy Authority
Classified in Law & Jurisprudence
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Forfeiture and Limitation Periods
Certain rights are subject to a *limitation period*, meaning the right can only be exercised within that specific timeframe. Generally, these periods do not allow for interruption or suspension. Legal codes do not always automatically recognize when a deadline for filing an action has expired, or when prescription has occurred. Legal doctrine often considers *expiration deadlines* as a statutory amendment, distinct from *limitation periods* which are primarily for safeguarding and maintaining a pre-existing right.
Differences Between Forfeiture (Expiration) and Prescription
- Forfeiture (expiration) can arise from a private act or by law, whereas prescription originates solely from the law.
- Forfeiture aims to fix