National Product Liability Act

[AI summary unavailable — showing source text] National Product Liability Act - Permits product liability actions, with specified exceptions, only during the period during which the defendant expressly warranted such product or whichever of the following periods first expires: (1) the earlier of any ten-year period beginning on the date of the first sale, lease, or delivery of possession of any product unit alleged to have harmed the plaintiff by any seller to any buyer or to any initial user or consumer; or (2) the period of limitation prescribed by State law. Specifies that a product liability action shall not be barred or limited by this Act if the action is: (1) for personal injury, death, or property damage claimed to have resulted from the defendant having either (a) breached an express contractual, statutory duty to take action for safety reasons regarding the product unit or (b) modified the product unit subsequent to the date of first sale, lease, or delivery of possession which introduced a hazard not previously existing; (2) brought against a seller who (a) owes any such duty or (b) makes, authorizes, or furnishes materials for the accomplishment of any such modification or (c) furnishes inadequate specifications, in…