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Justia> Law> Alabama Law> Alabama Code> Title 7 — COMMERCIAL CODE.> Article 5 — LETTERS OF CREDIT.

Alabama Article 5 — LETTERS OF CREDIT.

Alabama Code All US State Codes

  • Section 7-5-101 — Short title.
  • Section 7-5-102 — Definitions.
  • Section 7-5-103 — Scope.
  • Section 7-5-104 — Formal requirements.
  • Section 7-5-105 — Consideration.
  • Section 7-5-106 — Issuance, amendment, cancellation, and duration.
  • Section 7-5-107 — Confirmer, nominated person, and adviser.
  • Section 7-5-108 — Issuer's rights and obligations.
  • Section 7-5-109 — (Effective January 1, 1998) Fraud and forgery.
  • Section 7-5-110 — Warranties.
  • Section 7-5-111 — Remedies.
  • Section 7-5-112 — Transfer of letter of credit.
  • Section 7-5-113 — Transfer by operation of law.
  • Section 7-5-114 — Assignment of proceeds.
  • Section 7-5-115 — Statute of limitations.
  • Section 7-5-116 — Choice of law and forum.
  • Section 7-5-117 — Subrogation of issuer, applicant, and nominated person.
  • Section 7-5-118 — Security interest of issuer or nominated person.
 
 

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