Arkansas Statutes
§ 4-5-115 — Statute of limitations
Arkansas § 4-5-115
JurisdictionArkansas
Title4
This text of Arkansas § 4-5-115 (Statute of limitations) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 4-5-115 (2026).
Text
An action to enforce a right or obligation arising under this chapter must be commenced within one (1) year after the expiration date of the relevant letter of credit or one (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.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
David Viele; Beth Viele, Individually and as Trustee for the Helen E. Viele Irrevocable Trust; And Beth's Bail Bonds, Inc. v. Corey Williams, in His Capacity as a Vice President of Centennial Bank; Ashley Moran, in Her Capacity as a Clerk for Centennial Bank; And Centennial Bank
2021 Ark. App. 231 (Court of Appeals of Arkansas, 2021)
Legislative History
Acts 1997, No. 1070, § 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 4-5-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-5-115.