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Texas Business & Commerce Code

§ 5.104 — FORMAL REQUIREMENTS

BC § 5.104Title 1. UNIFORM COMMERCIAL CODE · Ch. 5. LETTERS OF CREDIT

Statute text

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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).

Legislative history

Amended by Acts 1999, 76th Leg., ch. 4, Sec. 1, eff. Sept. 1, 1999.

Source: Texas Business & Commerce Code § 5.104 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.