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Rhode Island General Laws

Chapter 6A-5

R.I. Gen. Laws tit. 6A, ch. 5

Letters of Credit

6A-5-101Short title 6A-5-102Definitions 6A-5-103Scope 6A-5-104Formal requirements 6A-5-105Consideration 6A-5-106Issuance, amendment, cancellation, and duration 6A-5-107Confirmer, nominated person, and adviser 6A-5-108Issuer’s rights and obligations 6A-5-109Fraud and forgery 6A-5-110Warranties 6A-5-111Remedies 6A-5-112Transfer of letter of credit 6A-5-113Transfer by operation of law 6A-5-114Assignment of proceeds 6A-5-115Statute of limitations 6A-5-116Choice of law and forum 6A-5-117Subrogation of issuer, applicant, and nominated person 6A-5-118Security interest of issuer or nominated person 6A-5-119Transition 6A-5-120Official comments