Virginia Code 8.5A-104: (Effective until July 1, 2025) Formal requirements
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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 § 8.5A-108(e).
Terms Used In Virginia Code 8.5A-104
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
1997, c. 343.
A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a signed record.