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) under the agreement of the parties or the standard practice referred to in AS 45.05.108(e).
Structure Alaska Statutes
Sec. 45.05.104. Formal requirements.
Sec. 45.05.105. Consideration.
Sec. 45.05.106. Issuance, amendment, cancellation, and duration.
Sec. 45.05.107. Confirmer, nominated person, and adviser.
Sec. 45.05.108. Issuer's rights and obligations.
Sec. 45.05.109. Fraud and forgery.
Sec. 45.05.112. Transfer of letter of credit.
Sec. 45.05.113. Transfer by operation of law.
Sec. 45.05.114. Assignment of proceeds.
Sec. 45.05.115. Statute of limitations.
Sec. 45.05.116. Choice of law and forum.
Sec. 45.05.117. Subrogation of issuer, applicant, and nominated person.
Sec. 45.05.118. Security interest of issuer or nominated person.