* Section 5--104. Formal requirements.\n A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a record and is\nauthenticated:\n (a) by a signature, or\n (b) in accordance with the agreement of the parties or the standard\npractice referred to in subsection (e) of section 5--108.\n * NB Effective until June 3, 2026\n* Section 5--104. Formal requirements.\n A letter of credit, confirmation, advice, transfer, amendment, or\ncancellation may be issued in any form that is a signed record.\n * NB Effective June 3, 2026\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.