Print Print
  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XV REGULATION OF TRADE
  • CHAPTER 106 UNIFORM COMMERCIAL CODE
  • ARTICLE 5 LETTERS OF CREDIT

Section 5-101 - Short Title

Section 5-102 - Definitions

Section 5-103 - Scope

Section 5-104 - Formal Requirements

Section 5-105 - Consideration

Section 5-106 - Issuance, Amendment, Cancellation, and Duration

Section 5-107 - Confirmer, Nominated Person, and Adviser

Section 5-108 - Issuer’s Rights and Obligations

Section 5-109 - Fraud and Forgery

Section 5-110 - Warranties

Section 5-111 - Remedies

Section 5-112 - Transfer of Letter of Credit

Section 5-113 - Transfer by Operation of Law

Section 5-114 - Assignment of Proceeds

Section 5-115 - Statute of Limitations

Section 5-116 - Choice of Law and Forum

Section 5-117 - Subrogation of Issuer, Applicant, and Nominated Person

Section 5-118 - Security Interest of Issuer or Nominated Person