§ 5-112. Transfer of Letter of Credit
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 5-112
§ 5-112. Transfer of Letter of Credit
Transfer of Letter of Credit.
(2) The transferor or transferee has failed to comply with any requirement stated in the letter of credit or any other requirement relating to transfer imposed by the issuer which is within the standard practice referred to in subsection (e) of Section 5-108 of this title or is otherwise reasonable under the circumstances.
Credits
Laws 1996, c. 56, § 11, eff. Jan. 1, 1997.
12A Okl. St. Ann. § 5-112, OK ST T. 12A § 5-112
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |