O.C.G.A.

O.C.G.A. § 11-4-111 (2019)

Statute of limitations

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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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

Code 1981, § 11-4-111, enacted by Ga. L. 1996, p. 1306, § 5.

Annotations

JUDICIAL DECISIONS Conversion and negligence action barred. - Bank account holder’s conversion and negligence action against a bank for paying two checks on the holder’s account without authorization was barred by the Georgia Uniform Commercial Code’s three-year statute of limitations set forth in O.C.G.A. § 11-4-111, which

applied to bank-customer relationships, because the holder did not file a complaint until more than three years after the bank paid the checks at issue. Ogundele v. Wachovia Bank, N.A., No. 1:04-CV-1852-CC, 2004 U.S. Dist. LEXIS 25396 (N.D. Ga. Dec. 6, 2004).

RESEARCH REFERENCES U.L.A. Uniform Commercial Code (U.L.A.) § 4111.

PART 2 COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS