Idaho Statutes

§ 28-5-115 — STATUTE OF LIMITATIONS

Idaho § 28-5-115
JurisdictionIdaho
Title 28COMMERCIAL TRANSACTIONS
Ch. 5UNIFORM COMMERCIAL CODE — LETTERS OF CREDIT

This text of Idaho § 28-5-115 (STATUTE OF LIMITATIONS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 28-5-115 (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.

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Legislative History

[28-5-115, added 1996, ch. 7, sec. 2, p. 17.]

Nearby Sections

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Bluebook (online)
Idaho § 28-5-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/28-5-115.