D.C. Code § 28:5-115

Current through codified legislation effective October 30, 2024
Section 28:5-115 - Statute of limitations

An action to enforce a right or obligation arising under this article must be commenced within one year after the expiration date of the relevant letter of credit or one year after the cause of action accrues, whichever occurs later. A cause of action accrues when the breach occurs, regardless of the aggrieved party's lack of knowledge of the breach.

D.C. Code § 28:5-115

Apr. 9, 1997, D.C. Law 11-238, § 2, 44 DCR 923.