Section 440.5104 - Issuance; authentication.
UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.5104 Issuance; authentication.
Sec. 5104.
A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated by 1 or more of the following:
(a) A signature.
(b) In accordance with the agreement of the parties or the standard practice referred to in section 5108(5).
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1998, Act 488, Imd. Eff. Jan. 4, 1999