Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 1. UNIFORM COMMERCIAL CODE |
Chapter 5. LETTERS OF CREDIT |
Sec. 5.104. FORMAL REQUIREMENTS
Latest version.
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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).
Amended by Acts 1999, 76th Leg., ch. 4, Sec. 1, eff. Sept. 1, 1999.