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  6. Title 70A - Uniform Commerc...
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  8. Chapter 5 - Uniform Commercial Code - Letters o...


Chapter 5 - Uniform Commercial Code - Letters of Credit


  • Section 101 - Title.
  • Section 102 - Definitions.
  • Section 103 - Scope.
  • Section 104 - Formal requirements.
  • Section 105 - Consideration.
  • Section 106 - Issuance, amendment, cancellation, and duration.
  • Section 107 - Confirmer, nominated person, and adviser.
  • Section 108 - Issuer's rights and obligations.
  • Section 109 - Fraud and forgery.
  • Section 110 - Warranties.
  • Section 111 - Remedies.
  • Section 112 - Transfer of letter of credit.
  • Section 113 - Transfer by operation of law.
  • Section 114 - Assignment of proceeds.
  • Section 115 - Statute of limitations.
  • Section 116 - Choice of law and forum.
  • Section 117 - Subrogation of issuer, applicant, and nominated person.
  • Section 118 - Security interest of issuer or nominated person.
  • Section 119 - Applicability.
  • Section 120 - Savings clause.
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