--- title: O.C.G.A. § 11-5-115. Statute of limitations. collection: code id: 11-5-115 cite_as: O.C.G.A. § 11-5-115 (2025) canonical_url: https://georgiacommons.org/code/11-5-115 md_url: https://georgiacommons.org/code/11-5-115.md text_url: https://georgiacommons.org/code/11-5-115/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=591 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/11-5.md previous: https://georgiacommons.org/code/11-5-114.md next: https://georgiacommons.org/code/11-5-116.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: COMMERCIAL CODE / LETTERS OF CREDIT --- # O.C.G.A. § 11-5-115. 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. ## History Code 1981, § 11-5-115, enacted by Ga. L. 2002, p. 995, § 1.