Tex. Bus. & Com. Code § 4.111 : BUSINESS AND COMMERCE CODE — UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS — GENERAL PROVISIONS AND DEFINITIONS — Statute of Limitations TEXT PDF An action to enforce an obligation, duty, or right arising under this chapter must be commenced within three years after the cause of action accrues. Tex. Bus. and Comm. Code § 4.111 Added by Acts 1995, 74th Leg., ch. 921, Sec. 4, eff. 1/1/1996.