LETTERS OF CREDIT

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

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Section
11 §5-101

Short title (REPEALED)

Section
11 §5-102

Scope (REPEALED)

Section
11 §5-103

Definitions (REPEALED)

Section
11 §5-104

Formal requirements; signing (REPEALED)

Section
11 §5-105

Consideration (REPEALED)

Section
11 §5-106

Time and effect of establishment of credit (REPEALED)

Section
11 §5-107

Advice of credit; confirmation; error in statement of terms (REPEALED)

Section
11 §5-108

"Notation credit"; exhaustion of credit (REPEALED)

Section
11 §5-109

Issuer's obligations to its customer (REPEALED)

Section
11 §5-110

Availability of credit in portions; presenter's reservation of lien or claim (REPEALED)

Section
11 §5-111

Warranties on transfer and presentment (REPEALED)

Section
11 §5-112

Time allowed for honor or rejection; withholding honor or rejection by consent; "presenter" (REPEALED)

Section
11 §5-113

Indemnities (REPEALED)

Section
11 §5-114

Issuer's duty and privilege to honor; right to reimbursement (REPEALED)

Section
11 §5-115

Remedy for improper dishonor anticipatory repudiation (REPEALED)

Section
11 §5-116

Transfer and assignment (REPEALED)

Section
11 §5-117

Insolvency of bank holding funds for documentary credit (REPEALED)