New York § 5-104 Formal requirements

New York Statutes

§ 5-104 — Formal requirements

New York·Law UCC Uniform Commercial Code·Art. 5 Letters of Credit

* Section 5--104. Formal requirements.\n  A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a record and is\nauthenticated:\n  (a) by a signature, or\n  (b) in accordance with the agreement of the parties or the standard\npractice referred to in subsection (e) of section 5--108.\n  * NB Effective until June 3, 2026\n* Section 5--104. Formal requirements.\n  A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a signed record.\n  * NB Effective June 3, 2026\n

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* Section 5--104. Formal requirements.\n A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a record and is\nauthenticated:\n (a) by a signature, or\n (b) in accordance with the agreement of the parties or the standard\npractice referred to in subsection (e) of section 5--108.\n * NB Effective until June 3, 2026\n* Section 5--104. Formal requirements.\n A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a signed record.\n * NB Effective June 3, 2026\n

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