Laws of New York (Last Updated: November 21, 2014) |
UCC Uniform Commercial Code |
Article 5. LETTERS OF CREDIT |
Section 5--104. Formal requirements
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A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated: (a) by a signature, or (b) in accordance with the agreement of the parties or the standard practice referred to in subsection (e) of section 5--108.