(1) By a signature; or
(2) In accordance with the agreement of the parties to the standard practice referred to in ORS 75.1080 (5). [1961 c.726 §75.1040; 1997 c.150 §7]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 075 - Letters of Credit
Section 75.1020 - Definitions.
Section 75.1030 - Application of chapter.
Section 75.1040 - Formal requirements.
Section 75.1060 - Issuance, amendment, cancellation and duration.
Section 75.1070 - Confirmer, nominated person and adviser.
Section 75.1080 - Issuer’s rights and obligations.
Section 75.1090 - Fraud and forgery.
Section 75.1120 - Transfer of letter of credit.
Section 75.1130 - Successor of beneficiary.
Section 75.1140 - Assignment of proceeds.
Section 75.1160 - Choice of law and forum.
Section 75.1170 - Subrogation of issuer, applicant and nominated person.
Section 75.1180 - Security interest of issuer or nominated person.