Title 9A: Uniform Commercial Code

Article 5: LETTERS OF CREDIT

9A V.S.A. § 5-104. Formal requirements

§ 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 (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in section 5-108(e) of this title. (Added 1997, No. 65 (Adj. Sess.), § 1, eff. Jan. 1, 1999.)

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