Virginia Code > Title 8.5A Virginia Code > Title 8.5A – Uniform Commercial Code — Letters of Credit Current as of: 2024 | Check for updates | Other versions § 8.5A-101 Short title § 8.5A-102 Definitions § 8.5A-103 Scope § 8.5A-104 (Effective until July 1, 2025) Formal requirements § 8.5A-105 Consideration § 8.5A-106 Issuance, amendment, cancellation, and duration § 8.5A-107 Confirmer, nominated person, and adviser § 8.5A-108 Issuer’s rights and obligations § 8.5A-109 Fraud and forgery § 8.5A-110 Warranties § 8.5A-111 Remedies § 8.5A-112 Transfer of letter of credit § 8.5A-113 Transfer by operation of law § 8.5A-114 Assignment of proceeds § 8.5A-115 Statute of limitations § 8.5A-116 (Effective until July 1, 2025) Choice of law and forum § 8.5A-117 Subrogation of issuer, applicant, and nominated person § 8.5A-117.1 Security interest of issuer or nominated person § 8.5A-118 Applicability Ask a business law question, get an answer ASAP!Thousands of highly rated, verified business lawyers.Click here to chat with a lawyer about your rights.
