California, United States of America
The following excerpt is from NMT, LLC v. C.E.C.W., LLC, G048907 (Cal. App. 2014):
A cause of action for intentional misrepresentation or fraud is subject to a three-year statute of limitations and does not accrue "until the discovery, by the aggrieved party, of the facts constituting the fraud or mistake." (Code Civ. Proc., 338, subd. (d).) Code of Civil Procedure section 338, subdivision (d) is interpreted to include a duty on the part of the aggrieved party to exercise diligence to discover the facts. (Parsons v.
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