47-5-104 - Formal requirements.

47-5-104. Formal requirements.

A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated:

     (i)  by a signature; or

     (ii)  in accordance with the agreement of the parties or the standard practice referred to in § 47-5-108(e).

[Acts 1998, ch. 675, § 1.]