Article 5-A - LETTERS OF CREDIT
- Section 5-1101 - Short title
- Section 5-1102 - Definitions
- Section 5-1103 - Scope
- Section 5-1104 - [Effective Until 7/1/2025] Formal requirements
- Section 5-1104 - [Effective 7/1/2025] Formal requirements
- Section 5-1105 - Consideration
- Section 5-1106 - [Effective Until 7/1/2025] Issuance, amendment, cancellation and duration
- Section 5-1106 - [Effective 7/1/2025] Issuance, amendment, cancellation and duration
- Section 5-1107 - Confirmer, nominated person and adviser
- Section 5-1108 - Issuer's rights and obligations
- Section 5-1109 - Fraud and forgery
- Section 5-1110 - Warranties
- Section 5-1111 - Remedies
- Section 5-1112 - Transfer of letter of credit
- Section 5-1113 - Transfer by operation of law
- Section 5-1114 - Assignment of proceeds
- Section 5-1115 - Statute of limitations
- Section 5-1116 - [Effective Until 7/1/2025] Choice of law and forum
- Section 5-1116 - [Effective 7/1/2025] Choice of law and forum
- Section 5-1117 - Subrogation of issuer, applicant and nominated person
- Section 5-1118 - Security interest of issuer or nominated person