Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Maryland
/
Commercial Law
/
Title 5 - Letters of Credit
Title 5 - Letters of Credit
§ 5-101. Short title
§ 5-102. Definitions
§ 5-103. Scope
§ 5-104. Formal requirements
§ 5-105. Consideration
§ 5-106. Issuance, amendment, cancellation, and duration
§ 5-107. Confirmer, nominated person, and adviser
§ 5-108. Issuer's rights and obligations
§ 5-109. Fraud and forgery
§ 5-110. Warranties
§ 5-111. Remedies
§ 5-112. Transfer of letter of credit
§ 5-113. Transfer by operation of law
§ 5-114. Assignment of proceeds
§ 5-115. Statute of limitations
§ 5-116. Choice of law and forum
§ 5-117. Subrogation of issuer, applicant, and nominated person
§ 5-118. Security interest of issuer or nominated person