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General Laws of Massachusetts (Last Updated: January 16, 2020) |
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PART I ADMINISTRATION OF THE GOVERNMENT |
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TITLE XV. REGULATION OF TRADE |
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CHAPTER 106. UNIFORM COMMERCIAL CODE |
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ARTICLE 5. LETTERS OF CREDIT |
| SECTION 5-101. Short Title |
| SECTION 5-102. Definitions |
| SECTION 5-103. Scope |
| SECTION 5-104. Formal Requirements |
| SECTION 5-105. Consideration |
| SECTION 5-106. Issuance, Amendment, Cancellation, and Duration |
| SECTION 5-107. Confirmer, Nominated Person, and Adviser |
| SECTION 5-108. Issuer's Rights and Obligations |
| SECTION 5-109. Fraud and Forgery |
| SECTION 5-110. Warranties |
| SECTION 5-111. Remedies |
| SECTION 5-112. Transfer of Letter of Credit |
| SECTION 5-113. Transfer by Operation of Law |
| SECTION 5-114. Assignment of Proceeds |
| SECTION 5-115. Statute of Limitations |
| SECTION 5-116. Choice of Law and Forum |
| SECTION 5-117. Subrogation of Issuer, Applicant, and Nominated Person |
| SECTION 5-118. Security Interest of Issuer or Nominated Person |