2011 New Mexico Statutes
Chapter 55: Uniform Commercial Code
Article 5: Letters of Credit, 55-5-101 through 55-5-118
Section 55-5-104: Formal requirements.


NM Stat § 55-5-104 (1996 through 1st Sess 50th Legis) What's This?

55-5-104. Formal requirements.

A letter of credit, confirmation, advice, transfer, amendment or cancellation may be issued in any form that is a record and is authenticated (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in Section 55-5-108(e) NMSA 1978.

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