(1) An action for breach of any contract for sale must be commenced within four 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 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 twelve months
after the termination of the first action.
(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 chapter becomes effective.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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