28-5-104. 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 (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in section 28-5-108(5).
History:
[28-5-104, added 1996, ch. 7, sec. 2, p. 11.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 5 - UNIFORM COMMERCIAL CODE — LETTERS OF CREDIT
Section 28-5-101 - SHORT TITLE.
Section 28-5-102 - DEFINITIONS.
Section 28-5-104 - FORMAL REQUIREMENTS.
Section 28-5-105 - CONSIDERATION.
Section 28-5-106 - ISSUANCE, AMENDMENT, CANCELLATION, AND DURATION.
Section 28-5-107 - CONFIRMER, NOMINATED PERSON, AND ADVISER.
Section 28-5-108 - ISSUER’S RIGHTS AND OBLIGATIONS.
Section 28-5-109 - FRAUD AND FORGERY.
Section 28-5-110 - WARRANTIES.
Section 28-5-112 - TRANSFER OF LETTER OF CREDIT.
Section 28-5-113 - TRANSFER BY OPERATION OF LAW.
Section 28-5-114 - ASSIGNMENT OF PROCEEDS.
Section 28-5-115 - STATUTE OF LIMITATIONS.
Section 28-5-116 - CHOICE OF LAW AND FORUM.
Section 28-5-117 - SUBROGATION OF ISSUER, APPLICANT, AND NOMINATED PERSON.
Section 28-5-118 - APPLICABILITY.
Section 28-5-119 - SAVINGS CLAUSE.
Section 28-5-120 - SECURITY INTEREST OF ISSUER OR NOMINATED PERSON.