70A-5-119 - Applicability.
70A-5-119. Applicability.
This act applies to a letter of credit that is issued on or after July 1, 1997. This act doesnot apply to a transaction, event, obligation, or duty arising out of or associated with a letter ofcredit that was issued before July 1, 1997.
Repealed and Re-enacted by Chapter 252, 2000 General Session