Sign in
Login with Google
or
Register | Forgot your password?
Already have an account?
By creating an account, you accept the terms of the User Agreement and the terms of the Privacy Policy.
Remembered the password?
INSTALAWYER.IOAsk a Question

    Ask a question on the site

    Questions

    Lawyers

    Blogs

    Legislation

    Contacts

    Become a lawyer

    Login Registration

    • Ask a Question
    • Questions
    • Lawyers
    • Blogs
    • Legislation
    • Become a lawyer
    • Login
    • Legislation USA
    • West Virginia Code
    • Chapter 46. Uniform Commercial Code
    • Article 5. Letters of Credit
    • §46-5-115. Statute of Limitations

    West Virginia Code
    Article 5. Letters of Credit
    §46-5-115. Statute of Limitations

    An action to enforce a right or obligation arising under this article 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.

    << Previous
    Next >>

    Structure West Virginia Code

    West Virginia Code

    Chapter 46. Uniform Commercial Code

    Article 5. Letters of Credit

    §46-5-101. Short Title

    §46-5-102. Definitions

    §46-5-103. Scope

    §46-5-104. Formal Requirements

    §46-5-105. Consideration

    §46-5-106. Issuance, Amendment, Cancellation and Duration

    §46-5-107. Confirmer, Nominated Person and Adviser

    §46-5-108. Issuer's Rights and Obligations

    §46-5-109. Fraud and Forgery

    §46-5-110. Warranties

    §46-5-111. Remedies

    §46-5-112. Transfer of Letter of Credit

    §46-5-113. Transfer by Operation of Law

    §46-5-114. Assignment of Proceeds

    §46-5-115. Statute of Limitations

    §46-5-116. Choice of Law and Forum

    §46-5-117. Subrogation of Issuer, Applicant and Nominated Person

    §46-5-118. Security Interest of Issuer or Nominated Persons

    §46-5-119. Applicability

    §46-5-120. Savings Clause

    InstaLawyer.io

    About us

    Contacts

    Copyright

    Customer Protection Policy

    Client

    Ask a Question

    Request a call

    Our lawyers

    Questions

    FAQ

    Lawyer

    Become a project lawyer

    FAQ for lawyers

    License agreement

    Contact us

    [email protected]

    Facebook


    © InstaLawyer 2018-2025 All rights reserved