PocketLaw | Pennsylvania Consolidated Statutes | Letters of Credit

Letters of Credit

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Short title of division

Definitions

Scope

Formal requirements

Consideration

Issuance, amendment, cancellation and duration

Confirmer, nominated person and advisor

Issuer's rights and obligations

Fraud and forgery

Warranties

Remedies

Transfer of letter of credit

Transfer by operation of law

Assignment of proceeds

Statute of limitations

Choice of law and forum

Subrogation of issuer, applicant and nominated person

Security interest of issuer or nominated person

Chapter Notes