Código Oficial de Georgia Anotado

Título 11. COMMERCIAL CODE · Capítulo 2. · Artículo 2. SALES · Parte 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT

11-2-325. “Letter of credit” term; “confirmed credit.”

Vigente

Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.

El texto siguiente es la ley tal como la imprime el estado, en inglés.

(1)
Failure of the buyer seasonably to furnish an agreed letter of credit is a breach of the contract for sale.#
(2)
The delivery to seller of a proper letter of credit suspends the buyer’s obligation to pay. If the letter of credit is dishonored, the seller may on seasonable notification to the buyer require payment directly from him.#
(3)
Unless otherwise agreed the term “letter of credit” or “banker’s credit” in a contract for sale means an irrevocable credit issued by a financing agency of good repute and, where the shipment is overseas, of good international repute. The term “confirmed credit” means that the credit must also carry the direct obligation of such an agency which does business in the seller’s financial market.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

Code 1933, § 109A-2-325, enacted by Ga. L. 1962, p. 156, § 1.

Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).

Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.

Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, páginas 164 a 165; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.