Section 7-5-104 Formal requirements. - Alabama Statutes

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.)