The question whether a document is adequate to fulfill the obligations of a contract for sale or the conditions of a credit is governed by the articles on sales (Article 2) and on letters of credit (Article 5).
CREDIT(S)
(Dec. 30, 1963, 77 Stat. 730, Pub. L. 88-243, § 1.)
Prior Uniform Statutory Provision: None.
Purposes:
To cross-refer to the Articles of this Act which deal with the substantive issues of the type of document of title required under the contract entered into by the parties.
Cross References: Articles 2 and 5.
Definitional Cross References:
“Contract for sale”. Section 2-106.
“Document”. Section 7-102.
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 28:7-509.
1973 Ed., § 28:7-509.