California Commercial Code 5104 – A letter of credit, confirmation, advice, transfer, amendment, or …
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A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a signed record.
(Amended by Stats. 2023, Ch. 210, Sec. 15. (SB 95) Effective January 1, 2024.)
Terms Used In California Commercial Code 5104
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See California Commercial Code 1201