Sec. 104. 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 IC 26-1-5.1-108(e).
As added by P.L.183-1996, SEC.4.
Structure Indiana Code
Article 1. Uniform Commercial Code
Chapter 5.1. Letters of Credit
26-1-5.1-101. Short Title; Scope
26-1-5.1-104. Formal Requirements; Signing or Standard Practice
26-1-5.1-106. Time and Effect of Establishment of Credit; Expiration
26-1-5.1-109. Fraud and Forgery
26-1-5.1-110. Warranties on Transfer and Presentment
26-1-5.1-111. Remedies for Wrongful Dishonor, Repudiation, or Breach of Obligation
26-1-5.1-113. Successors of Beneficiaries; Rights; Recognition
26-1-5.1-114. Proceeds of Letter of Credit; Assignment
26-1-5.1-115. Statute of Limitations
26-1-5.1-116. Applicable Law Regarding Liability of Issuer; Choice of Forum
26-1-5.1-117. Rights of Subrogation
26-1-5.1-118. Security Interest of Issuer or Nominated Person