INSTITUT PROMLČENÍ V OBČANSKÉM PRÁVU S PŘIHLÉDNUTÍM K NOVĚ PŘIJATÉMU OZ RESUMÉ IN ENGLISH RESUMÉ IN ENGLISH LIMITATION OF ACTIONS IN CIVIL LAW WITH REGARD TO THE NEWLY ADOPTED CIVIL CODE The limitation of actions is a significant private law institute reflecting an impact of passing of time on rights. Its basic construction remaining almost unchangeable for ages contains a big amount of variables being subject to modification following a direction of private law development. Mentioned above matches the tendency of amendments to the limitation of actions legislation contained in the new civil code. The drift towards liberalization is one of the most obvious tendencies. It manifests itself beside other matters by shifting from obligatory to none-obligatory character of provisions. That matter of fact is being reflected in the new civil code's limitation of actions legislation by entitling the subjects to depart from a prescribed period of limitation length. Another private law inclination being found in the new civil code limitation of actions legislation, might be defined as a protection of a subject having the right reinforcement. It is presented primarily by determining the subjective nature of a general three-year long period of limitation valid for all rights of a property character which are subject to...