California Commercial Code 4111 – An action to enforce an obligation, duty, or right arising under this …
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An action to enforce an obligation, duty, or right arising under this division shall be commenced within three years after the cause of action accrues.
(Added by Stats. 1992, Ch. 914, Sec. 17. Effective January 1, 1993.)
Terms Used In California Commercial Code 4111
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Right: includes remedy. See California Commercial Code 1201