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Justia › U.S. Law › U.S. Codes and Statutes › Tennessee Code › 2024 Tennessee Code › Title 47 - COMMERCIAL INSTRUMENTS AND TRANSACTIONS (§§ 47-1-101 — 47-50-121) › Chapter 5 - LETTERS OF CREDIT (§§ 47-5-101 — 47-5-118)
Go to Previous Versions of this Chapter
  1. 2024 Tennessee Code (here)
  2. 2023 Tennessee Code
  3. 2021 Tennessee Code
  4. View All Versions

2024 Tennessee Code
Title 47 - COMMERCIAL INSTRUMENTS AND TRANSACTIONS (§§ 47-1-101 — 47-50-121)
Chapter 5 - LETTERS OF CREDIT (§§ 47-5-101 — 47-5-118)

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  • Section 47-5-101 - Short title
  • Section 47-5-102 - Definitions
  • Section 47-5-103 - Scope
  • Section 47-5-104 - Formal requirements
  • Section 47-5-105 - Consideration
  • Section 47-5-106 - Issuance, amendment, cancellation, and duration
  • Section 47-5-107 - Confirmer, nominated person, and adviser
  • Section 47-5-108 - Issuer's rights and obligations
  • Section 47-5-109 - Fraud and forgery
  • Section 47-5-110 - Warranties
  • Section 47-5-111 - Remedies
  • Section 47-5-112 - Transfer of letter of credit
  • Section 47-5-113 - Transfer by operation of law
  • Section 47-5-114 - Assignment of proceeds
  • Section 47-5-115 - Statute of limitations
  • Section 47-5-116 - Choice of law and forum
  • Section 47-5-117 - Subrogation of issuer, applicant, and nominated person
  • Section 47-5-118 - Security interest in document issued under a letter of credit
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Disclaimer: These codes may not be the most recent version. Tennessee 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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