Montana Code Annotated
Title 30. Trade and Commerce
Chapter 5. Uniform Commercial Code Letters of Credit

Part 1. Letters of Credit

30-5-101. Short title - 30-5-101. Short title. This chapter shall be known and may...

30-5-102. Repealed - 30-5-102. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-103. Repealed - 30-5-103. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-104. Repealed - 30-5-104. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-105. Repealed - 30-5-105. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-106. Repealed - 30-5-106. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-107. Repealed - 30-5-107. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-108. Repealed - 30-5-108. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-109. Repealed - 30-5-109. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-110. Repealed - 30-5-110. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-111. Repealed - 30-5-111. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-112. Repealed - 30-5-112. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-113. Repealed - 30-5-113. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-114. Repealed - 30-5-114. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-115. Repealed - 30-5-115. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-116. Repealed - 30-5-116. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-117. Repealed - 30-5-117. Repealed. Sec. 88, Ch. 536, L. 1997. History: En....

30-5-118. Security interest of issuer or nominated person - 30-5-118. Security interest of issuer or nominated person. (1) An...

30-5-119. through 30-5-121 reserved - 30-5-119 through 30-5-121 reserved.

30-5-122. Definitions - 30-5-122. Definitions. (1) In this chapter: (a) "Adviser" means a...

30-5-123. Scope - 30-5-123. Scope. (1) This chapter applies to letters of credit...

30-5-124. Formal requirements - 30-5-124. Formal requirements. A letter of credit, confirmation, advice, transfer,...

30-5-125. Consideration - 30-5-125. Consideration. Consideration is not required to issue, amend, transfer,...

30-5-126. Issuance, amendment, cancellation, and duration - 30-5-126. Issuance, amendment, cancellation, and duration. (1) A letter of...

30-5-127. Confirmer, nominated person, and adviser - 30-5-127. Confirmer, nominated person, and adviser. (1) A confirmer is...

30-5-128. Issuer's rights and obligations - 30-5-128. Issuer's rights and obligations. (1) Except as otherwise provided...

30-5-129. Fraud and forgery - 30-5-129. Fraud and forgery. (1) If a presentation is made...

30-5-130. Warranties - 30-5-130. Warranties. (1) If its presentation is honored, the beneficiary...

30-5-131. Remedies - 30-5-131. Remedies. (1) If an issuer wrongfully dishonors or repudiates...

30-5-132. Transfer of letter of credit - 30-5-132. Transfer of letter of credit. (1) Except as otherwise...

30-5-133. Transfer by operation of law - 30-5-133. Transfer by operation of law. (1) A successor of...

30-5-134. Assignment of proceeds - 30-5-134. Assignment of proceeds. (1) (a) In this section, "proceeds...

30-5-135. Statute of limitations - 30-5-135. Statute of limitations. An action to enforce a right...

30-5-136. Choice of law and forum - 30-5-136. Choice of law and forum. (1) The liability of...

30-5-137. Subrogation of issuer, applicant, and nominated person - 30-5-137. Subrogation of issuer, applicant, and nominated person. (1) An...