Effective: July 1, 1998
Latest Legislation: House Bill 338 - 122nd General Assembly
A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated by a signature or in accordance with the agreement of the parties or the standard practice referred to in division (E) of section 1305.07 of the Revised Code.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1305 | Letters of Credit
Section 1305.01 | Definitions - Ucc 5-102.
Section 1305.02 | Scope - Ucc 5-103.
Section 1305.03 | Formal Requirements - Ucc 5-104.
Section 1305.04 | Consideration - Ucc 5-105.
Section 1305.05 | Issuance, Amendment, Cancellation, and Duration - Ucc 5-106.
Section 1305.06 | Confirmer, Nominated Person, and Adviser - Ucc 5-107.
Section 1305.07 | Issuer's Rights and Obligations - Ucc 5-108.
Section 1305.08 | Fraud and Forgery - Ucc 5-109.
Section 1305.09 | Warranties - Ucc 5-110.
Section 1305.10 | Remedies - Ucc 5-111.
Section 1305.11 | Transfer of Letter of Credit - Ucc 5-112.
Section 1305.12 | Transfer by Operation of Law - Ucc 5-113.
Section 1305.13 | Assignment of Proceeds - Ucc 5-114.
Section 1305.14 | Statute of Limitations - Ucc 5-115.
Section 1305.15 | Choice of Law and Forum - Ucc 5-116.
Section 1305.16 | Subrogation of Issuer, Applicant, and Nominated Person - Ucc 5-117.
Section 1305.18 | Security Interest of Issuer or Nominated Person - Ucc 5-118.