Fisher Sand & Gravel Co. v. Neal a Sweebe, Inc.

At issue in this case is whether the four-year period of limitations in § 2725 of article 2 of *548Michigan’s Uniform Commercial Code (UCC),1 MCL 440.2725, is applicable to actions on either an open account or an account stated when the underlying debt stemmed from the sale of goods. Because actions on an account stated and actions on an open account are distinct and independent from the underlying transactions giving rise to the antecedent debt, neither action is governed by the four-year limitations period provided in § 2725 of the UCC. Rather, both actions are governed by the six-year period…