Alaska Stat. § 45.05.115
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
An action to enforce a right or obligation arising under this chapter 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.
AS 45.05.115