LETTERS OF CREDIT

  1. Law
  2. Maine Revised Statutes
  3. UNIFORM COMMERCIAL CODE
  4. LETTERS OF CREDIT

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Section
11 §5-1101

Short title

Section
11 §5-1102

Definitions

Section
11 §5-1103

Scope

Section
11 §5-1104

Formal requirements

Section
11 §5-1105

Consideration

Section
11 §5-1106

Issuance, amendment, cancellation and duration

Section
11 §5-1107

Confirmer, nominated person and adviser

Section
11 §5-1108

Issuer's rights and obligations

Section
11 §5-1109

Fraud and forgery

Section
11 §5-1110

Warranties

Section
11 §5-1111

Remedies

Section
11 §5-1112

Transfer of letter of credit

Section
11 §5-1113

Transfer by operation of law

Section
11 §5-1114

Assignment of proceeds

Section
11 §5-1115

Statute of limitations

Section
11 §5-1116

Choice of law and forum

Section
11 §5-1117

Subrogation of issuer, applicant and nominated person

Section
11 §5-1118

Security interest of issuer or nominated person