National Insurance Underwriters v. Cessna Aircraft Corp.

COBB, Judge.

The issue in this case is whether the trial court erred in granting appellee’s motion for summary judgment, based upon the twelve-year statute of repose, section 95.-031(2), Florida Statutes (1983), which provided:

Actions for products liability and fraud under s. 95.11(3) must be begun within the period prescribed in this chapter, *54with the period running from the time the facts giving rise to the cause of action were discovered or should have been discovered with the exercise of due diligence, instead of running from any date prescribed elsewhere in s. 95.11(3), but in any event…