Legislation
SECTION 5-104
Formal requirements
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 5
Section 5--104. Formal requirements.
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.
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.