Article 5 - Letters of Credit (Contains: §§ 101 – 118)
- § 101 - Short title
- § 102 - Definitions
- § 103 - Scope
- § 104 - Formal requirements
- § 105 - Consideration
- § 106 - Issuance, amendment, cancellation, and duration
- § 107 - Confirmer, nominated person, and adviser
- § 108 - Issuer's rights and obligations
- § 109 - Fraud and forgery
- § 110 - Warranties
- § 111 - Remedies
- § 112 - Transfer of letter of credit
- § 113 - Transfer by operation of law
- § 114 - Assignment of proceeds
- § 115 - Statute of limitations
- § 116 - Choice of law and forum
- § 117 - Subrogation of issuer, applicant, and nominated person
- § 118 - Security interest of issuer or nominated person