Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 5. LETTERS OF CREDIT |
Section 5--101. Short title |
Section 5--102. Definitions |
Section 5--103. Scope |
Section 5--104. Formal requirements |
Section 5--105. Consideration |
Section 5--106. Issuance, amendment, cancellation, and duration |
Section 5--107. Confirmer, nominated person, and advisor |
Section 5--108. Issuer's rights and obligations |
Section 5--109. Fraud and forgery |
Section 5--110. Warranties |
Section 5--111. Remedies |
Section 5--112. Transfer of letter of credit |
Section 5--113. Transfer by operation of law |
Section 5--114. Assignment of proceeds. |
Section 5--115. Statute of limitations |
Section 5--116. Choice of law and forum |
Section 5--117. Subrogation of issuer, applicant, and nominated person |
Section 5--118. Security Interest of Issuer or Nominated Person |
Section 5--119. Applicability |
Section 5--120. Savings clause |