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2013 Florida Statutes

F.S. 675.115
675.115 Statute of limitations.An action to enforce a right or obligation arising under this chapter must be commenced within 1 year after the expiration date of the relevant letter of credit or 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‚Äôs lack of knowledge of the breach.
History.s. 1, ch. 65-254; s. 619, ch. 97-102; s. 1, ch. 99-137.
Note.s. 5-115, U.C.C.