{"data":{"id":"us-nh/rsa-382-a-5-115","jurisdiction":"us-nh","citation":"RSA 382-A:5-115","heading":"Statute of Limitations.","body":"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.","path":["Title XXXIV-A: UNIFORM COMMERCIAL CODE","Chapter ARTICLE 5: LETTERS OF CREDIT"],"source_url":"https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-5-115.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:43:59Z","sha256":"7db845ccddc7e502485f5632319b2ff36908553ee9c141c55230a9b1611ef5d4","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-382-a-5-114","next":"us-nh/rsa-382-a-5-116"},"notice":"GroundRules: Original legal text. Not legal advice."}