Ohio Statutes
§ 1305.14 — Statute of limitations - UCC 5-115
Ohio § 1305.14
This text of Ohio § 1305.14 (Statute of limitations - UCC 5-115) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1305.14 (2026).
Text
An action to enforce a right or obligation arising under this chapter 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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Effective: July 1, 1998 | Latest Legislation: House Bill 338 - 122nd General Assembly
Nearby Sections
15
§ 1305.01
Definitions - UCC 5-102§ 1305.02
Scope - UCC 5-103§ 1305.03
Formal requirements - UCC 5-104§ 1305.04
Consideration - UCC 5-105§ 1305.08
Fraud and forgery - UCC 5-109§ 1305.09
Warranties - UCC 5-110§ 1305.10
Remedies - UCC 5-111§ 1305.13
Assignment of proceeds - UCC 5-114§ 1305.14
Statute of limitations - UCC 5-115§ 1305.15
Choice of law and forum - UCC 5-116Cite This Page — Counsel Stack
Bluebook (online)
Ohio § 1305.14, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1305.14.