Chapter 5.1 - LETTERS OF CREDIT
- Section 26-1-5.1-101 - Short title; scope
- Section 26-1-5.1-102 - Definitions
- Section 26-1-5.1-103 - Applicability to IC 26-1-8.1; ability to vary by agreement; independence of rights and obligations under letter of credit
- Section 26-1-5.1-104 - Form of issuance; signed record
- Section 26-1-5.1-105 - Consideration
- Section 26-1-5.1-106 - Time and effect of establishment of credit; expiration
- Section 26-1-5.1-107 - Confirmation; advice of credit; error in statement terms; notice to transfer beneficiary
- Section 26-1-5.1-108 - Issuer's duty and privilege to honor; standard practice; issuer's rights upon honor of presentation
- Section 26-1-5.1-109 - Fraud and forgery
- Section 26-1-5.1-110 - Warranties on transfer and presentment
- Section 26-1-5.1-111 - Remedies for wrongful dishonor, repudiation, or breach of obligation
- Section 26-1-5.1-112 - Transferability
- Section 26-1-5.1-113 - Successors of beneficiaries; rights; recognition
- Section 26-1-5.1-114 - Proceeds of letter of credit; assignment
- Section 26-1-5.1-115 - Statute of limitations
- Section 26-1-5.1-116 - Liability of issuer, nominated person, or advisor; governing law; bank branches; rules of custom or practice; choice of forum
- Section 26-1-5.1-117 - Rights of subrogation
- Section 26-1-5.1-118 - Security interest of issuer or nominated person