1. The Laws of New York
  2. Consolidated Laws
  3. Uniform Commercial Code
  4. Article 5: Letters of Credit


Section 5-104 Formal requirements

Uniform Commercial Code (UCC)

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.