Formal Requirements; Signing or Standard Practice

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Sec. 104. A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated:

(i) by a signature; or

(ii) in accordance with the agreement of the parties or the standard practice referred to in IC 26-1-5.1-108(e).

As added by P.L.183-1996, SEC.4.


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