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§12A-2-725.


§12A-2-725.
   
   (1) An action for breach of any contract for sale must be commenced
   within five (5) years after the cause of action has accrued. By the
   original agreement the parties may reduce the period of limitation to
   not less than one (1) year but may not extend it.
   
   (2) A cause of action accrues when the breach occurs, regardless of
   the aggrieved party's lack of knowledge of the breach. A breach of
   warranty occurs when tender of delivery is made, except that where a
   warranty explicitly extends to future performance of the goods and
   discovery of the breach must await the time of such performance the
   cause of action accrues when the breach is or should have been
   discovered.
   
   (3) Where an action commenced within the time limited by subsection
   (1) is so terminated as to leave available a remedy by another action
   for the same breach such other action may be commenced after the
   expiration of the time limited and within one (1) year after the
   termination of the first action unless the termination resulted from
   voluntary discontinuance or from dismissal for failure or neglect to
   prosecute.
   
   (4) This section does not alter the law on tolling of the statute of
   limitations nor does it apply to causes of action which have accrued
   before this act becomes effective.
   

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