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Alaska Statutes.

Title 45. Trade and Commerce

Chapter 5. Letters of Credit

Chapter 5. Letters of Credit

Section 101. Short Title.

Section 102. Definitions.

Section 103. Scope.

Section 104. Formal Requirements.

Section 105. Consideration.

Section 106. Issuance, Amendment, Cancellation, and Duration.

Section 107. Confirmer, Nominated Person, and Adviser.

Section 108. Issuer's Rights and Obligations.

Section 109. Fraud and Forgery.

Section 110. Warranties.

Section 111. Remedies.

Section 112. Transfer of Letter of Credit.

Section 113. Transfer By Operation of Law.

Section 114. Assignment of Proceeds.

Section 115. Statute of Limitations.

Section 116. Choice of Law and Forum.

Section 117. Subrogation of Issuer, Applicant, and Nominated Person.

Section 118. Security Interest of Issuer or Nominated Person.

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Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005