Nev. Rev. Stat. § 104.5115
Statute of limitations
Nevada · Nevada Revised Statutes Chapter 104 — Uniform Commercial Code—Original Articles · Status: effective
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- Citation
- Nev. Rev. Stat. § 104.5115, Statute of limitations, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2079490
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Full text
An action to enforce a right or obligation arising under this article must be commenced within 1 year after the expiration date of the relevant letter of credit or 1 year after the claim for relief accrues, whichever occurs later. A claim for relief accrues when the breach occurs, regardless of the aggrieved party’s lack of knowledge of the breach.