Letters of Credit (UCC Article 5) 

New York Laws > Uniform Commercial Code > Article 5 > § 5-104 - Formal requirements

Section 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:

    (a) by a signature, or

    (b) in accordance with the agreement of the parties or the standard practice referred to in subsection (e) of section 5--108.

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See also:

New York Laws - Uniform Commercial Code > Article 5 - Letters of Credit

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