Arizona Revised Statutes

Ariz. Rev. Stat. § 47-3118 (2026)

Statute of limitations

✓ current as of May 2026

Find cases: SyfertCases citing this section AZ-LEGazleg.gov (official) JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

A. Except as provided in subsection E, an action to enforce the obligation of a party to pay a note payable at a definite time must be commenced within six years after the due date or dates stated in the note or, if a due date is accelerated, within six years after the accelerated due date.

B. Except as provided in subsection D or E, if demand for payment is made to the maker of a note payable on demand, an action to enforce the obligation of a party to pay the note must be commenced within six years after the demand. If no demand for payment is made to the maker, an action to enforce the note is barred if neither principal nor interest on the note has been paid for a continuous period of ten years.

C. Except as provided in subsection D, an action to enforce the obligation of a party to an unaccepted draft to pay the draft must be commenced within three years after dishonor of the draft or ten years after the date of the draft, whichever period expires first.

D. An action to enforce the obligation of the acceptor of a certified check or the issuer of a teller's check, cashier's check or traveler's check must be commenced within three years after demand for payment is made to the acceptor or issuer, as the case may be.

E. An action to enforce the obligation of a party to a certificate of deposit to pay the instrument must be commenced within six years after demand for payment is made to the maker, but if the instrument states a due date and the maker is not required to pay before that date, the six year period begins when a demand for payment is in effect and the due date has passed.

F. An action to enforce the obligation of a party to pay an accepted draft, other than a certified check, must be commenced:

1. Within six years after the due date or dates stated in the draft or acceptance if the obligation of the acceptor is payable at a definite time; or

2. Within six years after the date of the acceptance if the obligation of the acceptor is payable on demand.

G. Unless governed by other law regarding claims for indemnity or contribution, the following actions must be commenced within three years after the cause of action accrues:

1. An action for conversion of an instrument, for money had and received, or like action based on conversion;

2. An action for breach of warranty; or

3. An action to enforce an obligation, duty or right arising under this chapter and not governed by this section.

Notes of Decisions

Cited in 4 cases (1 in the last 5 years), 1992–2025 · leading case: Monroe v. Az Acreage, 443 P.3d 954 (Ariz. Ct. App. 2019).

Sort: Relevance Newest Treatment

Monroe v. Az Acreage, 443 P.3d 954 (Ariz. Ct. App. 2019). · cites it 14× “, which includes § 47-3118. See 1993 Ariz. Sess. Laws, ch.”

Aboud v. DeConcini, 842 P.2d 1328 (Ariz. Ct. App. 1992). · cites it 2× “) In other words, the maker promises to pay according to the true intent and meaning of the instrument. The note is ambiguous because its body does not limit the maker’s liability and contains a provision inconsistent with non-liability on the part of the maker.”

Nationstar v. Magnum (Ariz. Ct. App. 2019). · cites it 6× “Further, Magnum asserts (i) its receipt of the refund on the cashier's check cannot give rise to any action, and (ii) the three-year statute of limitations on actions to enforce cashier's checks in A.R.S. § 47-3118 bars any claims. Bank of America argues that once it refunded…”

Furst v. Mayne (Ariz. Ct. App. 2025). · cites it 6× “¶18 Linda argues that the $100,000 and $56,000 checks were improperly included as damages, asserting both claims were barred by the three-year statute of limitations of A.R.S. § 47-3118(C). Linda further argues that the $56,000 check was unenforceable because it was not…”

— Ariz. Rev. Stat. § 47-3118(A) — 1 case

Monroe v. Az Acreage, 443 P.3d 954 (Ariz. Ct. App. 2019). “, which includes § 47-3118. See 1993 Ariz. Sess. Laws, ch.”

— Ariz. Rev. Stat. § 47-3118(C) — 1 case

Furst v. Mayne (Ariz. Ct. App. 2025). “¶18 Linda argues that the $100,000 and $56,000 checks were improperly included as damages, asserting both claims were barred by the three-year statute of limitations of A.R.S. § 47-3118(C). Linda further argues that the $56,000 check was unenforceable because it was not…”

— Ariz. Rev. Stat. § 47-3118(G)(3) — 1 case

Nationstar v. Magnum (Ariz. Ct. App. 2019). “Further, Magnum asserts (i) its receipt of the refund on the cashier's check cannot give rise to any action, and (ii) the three-year statute of limitations on actions to enforce cashier's checks in A.R.S. § 47-3118 bars any claims. Bank of America argues that once it refunded…”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.