Illinois Compiled Statutes 810 ILCS 5 Uniform Commercial Code. Section 5-104

    (810 ILCS 5/5-104) (from Ch. 26, par. 5-104)

    Sec. 5-104. 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 (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in Section 5-108(e).

(Source: P.A. 89-534, eff. 1-1-97.)

Sections:  Previous  5-101  5-102  5-103  5-104  5-105  5-106  5-107  5-108  5-109  5-110  5-111  5-112  5-113  5-114  Next

Last modified: February 18, 2015