Sec. 5.104. FORMAL REQUIREMENTS. A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated:
(1) by a signature; or
(2) in accordance with the agreement of the parties or the standard practice referred to in Section 5.108(e).
Amended by Acts 1999, 76th Leg., ch. 4, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Section 5.104. Formal Requirements
Section 5.106. Issuance, Amendment, Cancellation, and Duration
Section 5.107. Confirmer, Nominated Person, and Adviser
Section 5.108. Issuer's Rights and Obligations
Section 5.109. Fraud and Forgery
Section 5.112. Transfer of Letter of Credit
Section 5.113. Transfer by Operation of Law
Section 5.114. Assignment of Proceeds
Section 5.115. Statute of Limitations
Section 5.116. Choice of Law and Forum
Section 5.117. Subrogation of Issuer, Applicant, and Nominated Person
Section 5.118. Security Interest of Issuer or Nominated Person