2020 Colorado Revised Statutes
Title 4 - Uniform Commercial Code
Article 5. Letters of Credit
Editor's note: This article was numbered as article 5 of chapter 155, C.R.S. 1963. The provisions of this article were repealed and reenacted in 1996, resulting in the addition, relocation, and elimination of sections as well as subject matter. For amendments to this article prior to 1996, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume. Former C.R.S. section numbers are shown in editor's notes following those sections that were relocated.
Law reviews: For article, "Letters of Credit in Limited Partnership Financing -- A Legal
Time Bomb?", see 13 Colo. Law. 1989 (1984); for article, "A Primer to Drafting and Reviewing Letters of Credit -- Parts I and II", see 15 Colo. Law. 1775 and 1941 (1986); for article, "An Updated Primer on Letters of Credit", see 28 Colo. Law. 5 (April 1999).
- Section 4-5-101. Short title.
- Section 4-5-102. Definitions.
- Section 4-5-103. Scope.
- Section 4-5-104. Formal requirements.
- Section 4-5-105. Consideration.
- Section 4-5-106. Issuance, amendment, cancellation, and duration.
- Section 4-5-107. Confirmer, nominated person, and adviser.
- Section 4-5-108. Issuer's rights and obligations.
- Section 4-5-109. Fraud and forgery.
- Section 4-5-110. Warranties.
- Section 4-5-111. Remedies.
- Section 4-5-112. Transfer of letter of credit.
- Section 4-5-113. Transfer by operation of law.
- Section 4-5-114. Assignment of proceeds.
- Section 4-5-117. Subrogation of issuer, applicant, and nominated person.
- Section 4-5-117.5. Security interest of issuer or nominated person.