Formal requirements.

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Effective - 28 Aug 1997

400.5-104. 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:

(i) By a signature; or

(ii) In accordance with the agreement of the parties or the standard practice referred to in section 400.5-108(e).

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(L. 1963 p. 503 § 5-104, A.L. 1997 S.B. 6)


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