Commercial Code - Letters Of Credit

  1. Law
  2. South Carolina Code of Laws
  3. Commercial Code
  4. Commercial Code - Letters Of Credit

Checkout our iOS App for a better way to browser and research.

Section
36-5-101

Short title.

Section
36-5-102

Definitions.

Section
36-5-103

Scope.

Section
36-5-104

Formal requirements.

Section
36-5-105

Consideration.

Section
36-5-106

Issuance, amendment, cancellation, and duration.

Section
36-5-107

Confirmer, nominated person, and adviser.

Section
36-5-108

Issuer ' s rights and obligations.

Section
36-5-109

Fraud and forgery.

Section
36-5-110

Warranties.

Section
36-5-111

Remedies.

Section
36-5-112

Transfer of letter of credit.

Section
36-5-113

Transfer by operation of law.

Section
36-5-114

Assignment of proceeds.

Section
36-5-115

Statute of limitations.

Section
36-5-116

Choice of law and forum.

Section
36-5-117

Subrogation of issuer, applicant, and nominated person.

Section
36-5-118

Security interest of issuer or nominated person.

Section
36-5-119

Transition.