Mont. Code § 30-5-135

Current through the 2023 Regular Session
Section 30-5-135 - Statute of limitations

An action to enforce a right or obligation arising under this chapter must be commenced within 1 year after the expiration date of the relevant letter of credit or 1 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.

§ 30-5-135, MCA

En. Sec. 19, Ch. 536, L. 1997.