2006 New York Laws: Uniform Commercial Code : (5-101 - 5-120) Letters Of Credit

Article 5 - LETTERS OF CREDIT
5-101 - Short Title.
5-102 - Definitions.
5-103 - Scope.
5-104 - Formal requirements.
5-105 - Consideration.
5-106 - Issuance, amendment, cancellation, and duration.
5-107 - Confirmer, nominated person, and advisor.
5-108 - Issuer's rights and obligations.
5-109 - Fraud and forgery.
5-110 - Warranties.
5-111 - Remedies.
5-112 - Transfer of letter of credit.
5-113 - Transfer by operation of law.
5-114 - Assignment of proceeds.
5-115 - Statute of limitations.
5-116 - Choice of law and forum.
5-117 - Subrogation of issuer, applicant, and nominated person.
5-118 - Security Interest of Issuer or Nominated Person.
5-119 - Applicability.
5-120 - Savings clause.

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