Utah Code 70A-5-109. Fraud and forgery
Current as of: 2023 | Check for updates
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(1) | If a presentation is made that appears on its face strictly to comply with the terms and conditions of the letter of credit, but a required document is forged or materially fraudulent, or honor of the presentation would facilitate a material fraud by the beneficiary on the issuer or applicant:
Repealed and Re-enacted by Chapter 241, 1997 General Session |