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