North Carolina General Statutes 25-4-111. Statute of limitations
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Terms Used In North Carolina General Statutes 25-4-111
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
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. (1995, c. 232, s. 2.)