Georgia Commons

Title 11. COMMERCIAL CODE

Chapter 5.

18 sections · 11-5-101 to 11-5-118

Article 5. LETTERS OF CREDIT

  1. 11-5-101Short title.
  2. 11-5-102Definitions.
  3. 11-5-103Scope.
  4. 11-5-104Form.
  5. 11-5-105Consideration.
  6. 11-5-106Issuance, amendment, cancellation, and duration.
  7. 11-5-107Confirmer, nominated person, and adviser.
  8. 11-5-108Issuer’s rights and obligations.
  9. 11-5-109Fraud and forgery.
  10. 11-5-110Warranties.
  11. 11-5-111Remedies.
  12. 11-5-112Transfer of letter of credit.
  13. 11-5-113Transfer by operation of law.
  14. 11-5-114Assignment of proceeds.
  15. 11-5-115Statute of limitations.
  16. 11-5-116Choice of law and forum.
  17. 11-5-117Subrogation of issuer, applicant, and nominated person.
  18. 11-5-118Security interest of issuer or nominated person.