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  • SECTION 5-103
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    • This entry was published on 2014-09-22
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    SECTION 5-104

    Formal requirements

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 5

    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.