For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Statute of limitations

9A V.S.A. § 5—115
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
5—115. Statute of limitations An action to enforce a right or obligation arising under this article must be commenced within one year after the expiration date of the relevant letter of credit or one 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. Added 1997, No. 65 (Adj. Sess.), § 1, eff. Jan. 1, 1999.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/005/00115Fetched: 10/21/2026

Starting a business in Vermont? Vermont LLC guide: costs and requirements