""Declaratory judgment actions are subject to a fouryear statute of limitations. This Compendium outline contains a brief overview of certain laws concerning various litigation and legal topics.A declaratory judgment is a legal tool that allows a court to make a statement or ruling on a legal issue or dispute without necessarily awarding damages. The requirement that a real issue be presented, as contrasted with speculative, abstract, hypothetical, or moot issues. The stated purpose of the Texas Uniform. Declaratory Judgments Act ("TUDJA" or the "Act") is. Court of Appeals of Georgia construe the Declaratory Judgment Act, 28 U.S.C. § 2201 et seq. The statute of limitations for breach of contract and the declaratory judgment is generally four years from the date of the accident.