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.
History:
[28-5-118, added 1996, ch. 7, sec. 2, p. 18.]
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