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Statutes > District of Columbia Statutes > Division V - Local Business Affairs (TITLE 25 to TITLE 37) > TITLE 28 - COMMERCIAL INSTRUMENTS AND TRANSACTIONS (SUBTITLE I to SUBTITLE II) > SUBTITLE I - UNIFORM COMMERCIAL CODE (Article 1 to Article 9) > Article 5 - Letters of Credit (Section 28:5-101 to Section 28:5-120)

Article 5 - Letters of Credit (Section 28:5-101 to Section 28:5-120)

  • Section 28:5-101 - Indemnities
  • Section 28:5-102 - Definitions
  • Section 28:5-103 - Scope
  • Section 28:5-104 - Formal requirements
  • Section 28:5-105 - Consideration
  • Section 28:5-106 - Issuance, amendment, cancellation, and duration
  • Section 28:5-107 - Confirmer, nominated person, and adviser
  • Section 28:5-108 - Issuer's rights and obligations
  • Section 28:5-109 - Fraud and forgery
  • Section 28:5-110 - Warranties
  • Section 28:5-111 - Remedies
  • Section 28:5-112 - Transfer of letter of credit
  • Section 28:5-113 - Transfer by operation of law
  • Section 28:5-114 - Assignment of proceeds
  • Section 28:5-115 - Statute of limitations
  • Section 28:5-116 - Choice of law and forum
  • Section 28:5-117 - Subrogation of issuer, applicant, and nominated person
  • Section 28:5-118 - Applicability
  • Section 28:5-119 - Savings clause
  • Section 28:5-120 - Security interest of issuer or nominated person




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