Statutes > Idaho Statutes > TITLE 28 COMMERCIAL TRANSACTIONS > CHAPTER 5 UNIFORM COMMERCIAL CODE -- LETTERS OF CREDIT > 28-5-118 APPLICABILITY.

28-5-118 APPLICABILITY.

TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 5

UNIFORM COMMERCIAL CODE -- LETTERS OF CREDIT

28-5-118. Applicability. This act applies to a letter of credit that is issued on or after the effective date of this act. This act does not apply to a transaction, event, obligation, or duty arising out of or associated with a letter of credit that was issued before the effective date of this act.