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Home » US Law » 2022 Code of Alabama » Title 7 - Commercial Code. » Article 5 - Letters of Credit. » Section 7-5-104 – Formal Requirements.

Section 7-5-104

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 (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in Section 7-5-108(e).

(Acts 1997, No. 97-702, p. 1427, §1.)