An action to enforce an obligation, duty or right arising under this article must be commenced within three years after the cause of action accrues. History: 1978 Comp., § 55-4-111, enacted by Laws 1992, ch. 114, § 166. OFFICIAL COMMENTS UCC Official Comments © by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved. This section conforms to the period of limitations set by Section 3-118(g) [55-3-118 NMSA 1978] for actions for breach of warranty and to enforce other obligations, duties or rights arising under Article 3. Bracketing "cause of action" recognizes that some states use a different term, such as "claim for relief."
Statute of limitations
NMSA 1978, § 55-4-111 — under Article 4.
NMSA 1978, § 55-4-111