An action to enforce any liability created under this title may be
brought in any appropriate United States district court, without regard to
the amount in controversy, or in any other court of competent jurisdiction,
not later than the earlier of—
(1) 2 years after the date of discovery by the plaintiff of the violation
that is the basis for such liability; or
(2) 5 years after the date on which the violation that is the basis for
such liability occurs.
[15 USC 1681p. As amended by act of Dec. 4, 2003 (117 Stat.
1968).]
