Legislative Fact Sheet - UCC Article 5, Letters of Credit (1995)

Act UCC Article 5, Letters of Credit (1995)
Origin Completed by the Uniform Law Commissioners, in conjunction with the American Law Institute, in 1995.
Description Article 5 updates provisions of the UCC to provided necessary rules for the many innovations in letters of credit.

(Approved by the American Bar Association)



Enactments Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, U.S. Virgin Islands, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
2018 Introductions
Staff Liaison(s)