Oregon Statutes - Chapter 75 - Letters of Credit - Section 75.1040 - Formal requirements.

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) In accordance with the agreement of the parties to the standard practice referred to in ORS 75.1080 (5). [1961 c.726 §75.1040; 1997 c.150 §7]

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Last modified: August 7, 2008