Sec. 17.46. DECEPTIVE TRADE PRACTICES UNLAWFUL. Statute Of Limitations In Case Filed Pursuant To The Texas Deceptive Trade Practices Act Was Tolled For 10 Years Under The "Discovery Rule" - FindLaw.445.903 Unfair, unconscionable, or deceptive methods, acts, or practices in conduct of trade or commerce; rules; applicability of subsection (1)(hh). Laws prohibiting unfair, deceptive, or abusive business practices protect consumers in each state. As noted, the DTPA has a statute of limitations extending two years. The kinds of activities which are unlawful under the law of the relevant jurisdiction may be laid out in the unfair and deceptive practices act of the state. Deceptive Trade Practices Act, NRS 598.0903, et seq. (11) The period of limitations is 1 year for an action charging libel or slander. (12) The period of limitations is 3 years for a products liability action. Questions regarding the statute of limitations or time limit for filing suit are often difficult and confusing.