TITLE 30. TRADE AND COMMERCE

CHAPTER 5. UNIFORM COMMERCIAL CODE LETTERS OF CREDIT

Part 1. Letters of Credit

Formal Requirements

30-5-124. 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:

(1) by a signature; or

(2) in accordance with the agreement of the parties or the standard practice referred to in 30-5-128(5).

History: En. Sec. 8, Ch. 536, L. 1997.