N.Y. U.C.C. Law § 5-104

Current through 2024 NY Law Chapter 432

Section 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:

(a) by a signature, or

(b) in accordance with the agreement of the parties or the standard practice referred to in subsection (e) of section 5-108.

N.Y. U.c.c. Law § 5-104