There is a newer version of the North Carolina General Statutes
2013 North Carolina General Statutes
Chapter 25 - Uniform Commercial Code.
Article 5 - Letters of Credit.
- Section 25-5-101 - Short title.
- Section 25-5-102 - Definitions.
- Section 25-5-103 - Scope.
- Section 25-5-104 - Formal requirements.
- Section 25-5-105 - Consideration.
- Section 25-5-106 - Issuance, amendment, cancellation, and duration.
- Section 25-5-107 - Confirmer, nominated person, and adviser.
- Section 25-5-108 - Issuer's rights and obligations.
- Section 25-5-109 - Fraud and forgery.
- Section 25-5-110 - Warranties.
- Section 25-5-111 - Remedies.
- Section 25-5-112 - Transfer of letter of credit.
- Section 25-5-113 - Transfer by operation of law.
- Section 25-5-114 - Assignment of proceeds.
- Section 25-5-115 - Statute of limitations.
- Section 25-5-116 - Choice of law and forum.
- Section 25-5-117 - Subrogation of issuer, applicant, and nominated person.
- Section 25-5-118 - Security interest of issuer or nominated person.
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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