Rhode Island § 6A-5-115 § 6A-5-115. Statute of limitations.

Rhode Island Statutes

§ 6A-5-115 — § 6A-5-115. Statute of limitations.

Rhode Island § 6A-5-115

Title 6AUniform Commercial Code

Ch. 6A-5Letters of Credit

This text of Rhode Island § 6A-5-115 (§ 6A-5-115. Statute of limitations.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 6A-5-115 (2026).

Text

§ 6A-5-115. Statute of limitations.
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.
         

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§ 6A-5-115. Statute of limitations.

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.