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A Hypertext Publication
of 
UNIFORM COMMERCIAL CODE - ARTICLE 5
LETTERS OF CREDIT
Copyright 1978, 1987, 1988, 1990, 1991, 1992 by The American Law Institute
and the National Conference of Commissioners on Uniform State Laws; reproduced,
published and distributed with the permission of the Permanent Editorial Board
for the Uniform Commercial Code for the limited purposes of study, teaching,
and academic research.
[This version of Article 5 was revised in 1995. For the 1995 revision click here.
For Article 5 as enacted by a particular state and any proposed revisions click here.]
- § 5-101. Short Title.
- § 5-102. Scope.
- § 5-103. Definitions.
- § 5-104. Formal Requirements; Signing.
- § 5-105. Consideration.
- § 5-106. Time and Effect of Establishment of Credit.
- § 5-107. Advice of Credit; Confirmation; Error in Statement of Terms.
- § 5-108. "Notation Credit"; Exhaustion of Credit.
- § 5-109. Issuer's Obligation to Its Customer.
- § 5-110. Availability of Credit in Portions; Presenter's Reservation of Lien or Claim.
- § 5-111. Warranties on Transfer and Presentment.
- § 5-112. Time Allowed for Honor or Rejection; Withholding Honor or Rejection by Consent; "Presenter".
- § 5-113. Indemnities.
- § 5-114. Issuer's Duty and Privilege to Honor; Right to Reimbursement.
- § 5-115. Remedy for Improper Dishonor or Anticipatory Repudiation.
- § 5-116. Transfer and Assignment.
- § 5-117. Insolvency of Bank Holding Funds for Documentary Credit.
© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.