405.104 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 by any of the following methods:
(1) A signature.
(2) In accordance with the agreement of the parties or the standard practice referred to in s. 405.108 (5).
History: 2005 a. 213.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 405 - Uniform commercial code — letters of credit.
405.104 - Formal requirements.
405.106 - Issuance, amendment, cancellation, and duration.
405.107 - Confirmer, nominated person, and adviser.
405.108 - Issuer's rights and obligations.
405.112 - Transfer of letter of credit.
405.113 - Transfer by operation of law.
405.114 - Assignment of proceeds.
405.115 - Statute of limitations.
405.116 - Choice of law and forum.
405.117 - Subrogation of issuer, applicant, and nominated person.