Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 5 - UNIFORM COMMERCIAL CODE — LETTERS OF CREDIT

Section 28-5-101 - SHORT TITLE. - 28-5-101. SHORT TITLE. This chapter may be cited as "Uniform...

Section 28-5-102 - DEFINITIONS. - 28-5-102. DEFINITIONS. (1) In this chapter: (a) "Adviser" means a...

Section 28-5-103 - SCOPE. - 28-5-103. SCOPE. (1) This chapter applies to letters of credit...

Section 28-5-104 - FORMAL REQUIREMENTS. - 28-5-104. FORMAL REQUIREMENTS. A letter of credit, confirmation, advice, transfer,...

Section 28-5-105 - CONSIDERATION. - 28-5-105. CONSIDERATION. Consideration is not required to issue, amend, transfer,...

Section 28-5-106 - ISSUANCE, AMENDMENT, CANCELLATION, AND DURATION. - 28-5-106. ISSUANCE, AMENDMENT, CANCELLATION, AND DURATION. (1) A letter of...

Section 28-5-107 - CONFIRMER, NOMINATED PERSON, AND ADVISER. - 28-5-107. CONFIRMER, NOMINATED PERSON, AND ADVISER. (1) A confirmer is...

Section 28-5-108 - ISSUER’S RIGHTS AND OBLIGATIONS. - 28-5-108. ISSUER’S RIGHTS AND OBLIGATIONS. (1) Except as otherwise provided...

Section 28-5-109 - FRAUD AND FORGERY. - 28-5-109. FRAUD AND FORGERY. (1) If a presentation is made...

Section 28-5-110 - WARRANTIES. - 28-5-110. WARRANTIES. (1) If its presentation is honored, the beneficiary...

Section 28-5-111 - REMEDIES. - 28-5-111. REMEDIES. (1) If an issuer wrongfully dishonors or repudiates...

Section 28-5-112 - TRANSFER OF LETTER OF CREDIT. - 28-5-112. TRANSFER OF LETTER OF CREDIT. (1) Except as otherwise...

Section 28-5-113 - TRANSFER BY OPERATION OF LAW. - 28-5-113. TRANSFER BY OPERATION OF LAW. (1) A successor of...

Section 28-5-114 - ASSIGNMENT OF PROCEEDS. - 28-5-114. ASSIGNMENT OF PROCEEDS. (1) In this section, "proceeds of...

Section 28-5-115 - STATUTE OF LIMITATIONS. - 28-5-115. STATUTE OF LIMITATIONS. An action to enforce a right...

Section 28-5-116 - CHOICE OF LAW AND FORUM. - 28-5-116. CHOICE OF LAW AND FORUM. (1) The liability of...

Section 28-5-117 - SUBROGATION OF ISSUER, APPLICANT, AND NOMINATED PERSON. - 28-5-117. SUBROGATION OF ISSUER, APPLICANT, AND NOMINATED PERSON. (1) An...

Section 28-5-118 - APPLICABILITY. - 28-5-118. APPLICABILITY. This act applies to a letter of credit...

Section 28-5-119 - SAVINGS CLAUSE. - 28-5-119. SAVINGS CLAUSE. A transaction arising out of or associated...

Section 28-5-120 - SECURITY INTEREST OF ISSUER OR NOMINATED PERSON. - 28-5-120. SECURITY INTEREST OF ISSUER OR NOMINATED PERSON. (a) An...