Letters of Credit

  1. Law
  2. Tennessee Code
  3. Commercial Instruments and Transactions
  4. Letters of Credit

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Section
47-5-101

Short Title

Section
47-5-102

Definitions

Section
47-5-103

Scope

Section
47-5-104

Formal Requirements

Section
47-5-105

Consideration

Section
47-5-106

Issuance, Amendment, Cancellation, and Duration

Section
47-5-107

Confirmer, Nominated Person, and Adviser

Section
47-5-108

Issuer's Rights and Obligations

Section
47-5-109

Fraud and Forgery

Section
47-5-110

Warranties

Section
47-5-111

Remedies

Section
47-5-112

Transfer of Letter of Credit

Section
47-5-113

Transfer by Operation of Law

Section
47-5-114

Assignment of Proceeds

Section
47-5-115

Statute of Limitations

Section
47-5-116

Choice of Law and Forum

Section
47-5-117

Subrogation of Issuer, Applicant, and Nominated Person

Section
47-5-118

Security Interest in Document Issued Under a Letter of Credit