Uniform Commercial Code - Letters of Credit

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  2. Utah Code
  3. Uniform Commercial Code
  4. Uniform Commercial Code - Letters of Credit

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Section
101

Title.

Section
102

Definitions.

Section
103

Scope.

Section
104

Formal requirements.

Section
105

Consideration.

Section
106

Issuance, amendment, cancellation, and duration.

Section
107

Confirmer, nominated person, and adviser.

Section
108

Issuer's rights and obligations.

Section
109

Fraud and forgery.

Section
110

Warranties.

Section
111

Remedies.

Section
112

Transfer of letter of credit.

Section
113

Transfer by operation of law.

Section
114

Assignment of proceeds.

Section
115

Statute of limitations.

Section
116

Choice of law and forum.

Section
117

Subrogation of issuer, applicant, and nominated person.

Section
118

Security interest of issuer or nominated person.

Section
119

Applicability.

Section
120

Savings clause.