Issue: In Indiana, what is the statute of limitations for bringing a RICO Claim?
Area of Law:
Criminal Law, Litigation & Procedure
RICO action; Statute of limitations
18 U.S.C. §1961, et seq.; I.C. § 34-1-2-2
A “RICO action” is based on 18 U.S.C. §1961, et seq..
Civil RICO claims brought in federal courts sitting in Indiana are now uniformly characterized as claims for statutory penalties and the two (2) year statute of limitations ‘for forfeiture of penalty given by statute’ is the most analogous state statute of limitations. I.C. § 34-1-2-2.
Ashland Oil, Inc. v. Arnett 656 F.Supp. 950, 953 (N.D. Ind., 1987).
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