West Virginia Code
Chapter 46. Uniform Commercial Code
Article 5. Letters of Credit

§46-5-101. Short Title - This article may be cited as "Uniform Commercial Code-Letters of...

§46-5-102. Definitions - (a) In this article: (1) "Adviser" means a person who,...

§46-5-103. Scope - (a) This article applies to letters of credit and to...

§46-5-104. Formal Requirements - A letter of credit, confirmation, advice, transfer, amendment, or cancellation...

§46-5-105. Consideration - Consideration is not required to issue, amend, transfer, or cancel...

§46-5-106. Issuance, Amendment, Cancellation and Duration - (a) A letter of credit is issued and becomes enforceable...

§46-5-107. Confirmer, Nominated Person and Adviser - (a) A confirmer is directly obligated on a letter of...

§46-5-108. Issuer's Rights and Obligations - (a) Except as otherwise provided in section 5-109, an issuer...

§46-5-109. Fraud and Forgery - (a) If a presentation is made that appears on its...

§46-5-110. Warranties - (a) If its presentation is honored, the beneficiary warrants: (1)...

§46-5-111. Remedies - (a) If an issuer wrongfully dishonors or repudiates its obligation...

§46-5-112. Transfer of Letter of Credit - (a) Except as otherwise provided in section 5-113, unless a...

§46-5-113. Transfer by Operation of Law - (a) A successor of a beneficiary may consent to amendments,...

§46-5-114. Assignment of Proceeds - (a) In this section, "proceeds of a letter of credit"...

§46-5-115. Statute of Limitations - An action to enforce a right or obligation arising under...

§46-5-116. Choice of Law and Forum - (a) The liability of an issuer, nominated person, or adviser...

§46-5-117. Subrogation of Issuer, Applicant and Nominated Person - (a) An issuer that honors a beneficiary's presentation is subrogated...

§46-5-118. Security Interest of Issuer or Nominated Persons - (a) An issuer or nominated person has a security interest...

§46-5-119. Applicability - This article applies to a letter of credit that is...

§46-5-120. Savings Clause - A transaction arising out of or associated with a letter...