NY Code - Article 5: LETTERS OF CREDIT

Search NY Code - Article 5: LETTERS OF CREDIT

• Section 5--101 Short title
• Section 5--102 Definitions
• Section 5--103 Scope
• Section 5--104 Formal requirements
• Section 5--105 Consideration
• Section 5--106 Issuance, amendment, cancellation, and duration
• Section 5--107 Confirmer, nominated person, and advisor
• Section 5--108 Issuer's rights and obligations
• Section 5--109 Fraud and forgery
• Section 5--110 Warranties
• Section 5--111 Remedies
• Section 5--112 Transfer of letter of credit
• Section 5--113 Transfer by operation of law
• Section 0 
• Section 5--115 Statute of limitations
• Section 5--116 Choice of law and forum
• Section 5--117 Subrogation of issuer, applicant, and nominated person
• Section 5--118 Security Interest of Issuer or Nominated Person
• Section 5--119 Applicability
• Section 5--120 Savings clause