Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.05. LETTERS OF CREDIT. |
Section 45.05.104. Formal requirements.
Latest version.
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A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated
(1) by a signature; or
(2) under the agreement of the parties or the standard practice referred to in AS 45.05.108(e).
Authorities
45.05.102;45.05.116
Notes
References
AS 45.05.102 Definitions.
AS 45.05.116 Choice of law and forum.
History
(Sec. 5.104 ch 114 SLA 1962; am Sec. 6 ch 75 SLA 1999)