Legislation

* 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.

* NB Effective until June 3, 2026
* Section 5--104. Formal requirements.

A letter of credit, confirmation, advice, transfer, amendment, or
cancellation may be issued in any form that is a signed record.

* NB Effective June 3, 2026