Indiana Code
Article 1. Uniform Commercial Code
Chapter 5.1. Letters of Credit

26-1-5.1-101. Short Title; Scope - Sec. 101. (a) IC 26-1-5.1 shall be known and may...

26-1-5.1-102. Definitions - Sec. 102. (a) In IC 26-1-5.1: (1) "Adviser" means a...

26-1-5.1-103. Applicability to Ic 26-1-8.1; Ability to Vary by Agreement; Independence of Rights and Obligations Under Letter of Credit - Sec. 103. (a) IC 26-1-8.1 applies to letters of credit...

26-1-5.1-104. Formal Requirements; Signing or Standard Practice - Sec. 104. A letter of credit, confirmation, advice, transfer, amendment,...

26-1-5.1-105. Consideration - Sec. 105. Consideration is not required to issue, amend, transfer,...

26-1-5.1-106. Time and Effect of Establishment of Credit; Expiration - Sec. 106. (a) A letter of credit is issued and...

26-1-5.1-107. Confirmation; Advice of Credit; Error in Statement Terms; Notice to Transfer Beneficiary - Sec. 107. (a) A confirmer is directly obligated on a...

26-1-5.1-108. Issuer's Duty and Privilege to Honor; Standard Practice; Issuer's Rights Upon Honor of Presentation - Sec. 108. (a) Except as otherwise provided in IC 26-1-5.1-109,...

26-1-5.1-109. Fraud and Forgery - Sec. 109. (a) If a presentation is made that appears...

26-1-5.1-110. Warranties on Transfer and Presentment - Sec. 110. (a) If its presentation is honored, the beneficiary...

26-1-5.1-111. Remedies for Wrongful Dishonor, Repudiation, or Breach of Obligation - Sec. 111. (a) If an issuer wrongfully dishonors or repudiates...

26-1-5.1-112. Transferability - Sec. 112. (a) Except as otherwise provided in IC 26-1-5.1-113,...

26-1-5.1-113. Successors of Beneficiaries; Rights; Recognition - Sec. 113. (a) A successor of a beneficiary may consent...

26-1-5.1-114. Proceeds of Letter of Credit; Assignment - Sec. 114. (a) In this section, "proceeds of a letter...

26-1-5.1-115. Statute of Limitations - Sec. 115. An action to enforce a right or obligation...

26-1-5.1-116. Applicable Law Regarding Liability of Issuer; Choice of Forum - Sec. 116. (a) The liability of an issuer, nominated person,...

26-1-5.1-117. Rights of Subrogation - Sec. 117. (a) An issuer that honors a beneficiary's presentation...

26-1-5.1-118. Security Interest of Issuer or Nominated Person - Sec. 118. (a) An issuer or nominated person has a...