84-5-119. Savings clause. A transaction arising out of or associated with a letter of credit that was issued before the effective date of this act and the rights, obligations and interests flowing from that transaction are governed by any statute or other law amended or repealed by this act as if repeal or amendment had not occurred and may be terminated, completed, consummated or enforced under that statute or other law.
History: L. 1996, ch. 202, ยง 19; July 1.
Structure Kansas Statutes
Chapter 84 - Uniform Commercial Code
84-5-106 Issuance, amendment, cancellation and duration.
84-5-107 Confirmer, nominated person and adviser.
84-5-108 Issuer's rights and obligations.
84-5-112 Transfer of letter of credit.
84-5-113 Transfer by operation of law.
84-5-114 Assignment of proceeds.
84-5-115 Statute of limitations.
84-5-116 Choice of law and forum.
84-5-117 Subrogation of issuer, applicant and nominated person.