Okla. Stat. tit. 12A, ch. 7 – Article 5 - Letters of Credit | Midpage

Collections
Oklahoma Statutes

Chapter 7

Okla. Stat. tit. 12A, ch. 7

Article 5 - Letters of Credit

5-101Short Title 5-102Definitions 5-103Scope 5-104Formal Requirements 5-105Consideration 5-106Issuance, Amendment, Cancellation, and Duration 5-107Confirmer, Nominated Person, and Adviser 5-108Issuer's Rights and Obligations 5-109Fraud and Forgery 5-110Warranties 5-111Remedies 5-112Transfer of Letter of Credit 5-114Assignment of Proceeds 5-115Statute of Limitations 5-116Choice of Law and Forum 5-117Subrogation of Issuer, Applicant, and Nominated Person 5-119Savings Clause 5-118.1Security Interest of Issuer or Nominated Person 5-113Transfer by Operation of Law 5-118Applicability