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Florida Statute 675.115 - Full Text and Legal Analysis Florida Statute 675.115 | Lawyer Caselaw & Research
Fla. Stat. § 675.115 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
675.115 Statute of limitations.—An action to enforce a right or obligation arising under this chapter must be commenced within 1 year after the expiration date of the relevant letter of credit or 1 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.—s. 1, ch. 65-254; s. 619, ch. 97-102; s. 1, ch. 99-137.
Note.—s. 5-115, U.C.C.

Cases Citing F.S. 675.115

Fla. Stat. § 675.115 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
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·Gathercrest Ltd. v. First Am. Bank & Trust, 649 F. Supp. 106 (M.D. Fla. 1985).

Cited 9 times | Published | District Court, M.D. Florida | 1985 U.S. Dist. LEXIS 18147

...However, attorney's fees are not specified in the statute or the official comment. Further, in Florida National Bank at Gainesille v. Alfred and Ann Goldstein Foundation, Inc., 327 So.2d at 111, the Court held that UCC 5-115 (§ 675.5-115, re-numbered § 675.115), which provides for incidental damages, does not allow for an award of attorney's fees as costs or damages....
0 red1 yellow8 green0 procedural
Declined to follow(citing case) (2012)
phrase: "decline to follow"
Cited as authoritySiematic (2009)
phrase: "rule_authority"
Cited as authorityBryant (2007)
phrase: "rule_authority"
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·Fla. Nat. Bk. v. Alfred, Ann Goldstein Found., Inc., 327 So. 2d 110 (Fla. 1st DCA 1976).

Cited 3 times | Published | Florida 1st District Court of Appeal | 18 U.C.C. Rep. Serv. (West) 850

...BOYER, Chief Judge. Appellant issued an irrevocable letter of credit which was dishonored upon presentation. Appellee filed suit seeking damages including attorneys' fees. The learned trial judge entered a summary final judgment in favor of appellee holding that F.S. 675.115 and F.S....
...1956, 85 So.2d 619; Gullette v. Ochoa, Fla.App.1st, 1958, 104 So.2d 799) However, in appropriate cases attorneys' fees may constitute an element of recoverable damages. ( Glusman v. Lieberman, Fla.App.4th, 1973, 285 So.2d 29, and cases therein cited). Construing F.S. 675.115 and F.S....
0 red0 yellow1 green0 procedural
Cited as authority(citing case) (1985)
phrase: "rule_authority"
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This Florida statute resource is curated by the lawyer who curates this resource, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). For legal consultation, call 904-383-7448.