North Dakota Century Code

Chapter 41-05

Letters of Credit

Section Section Name
41-05-01 (5‑101) Short title
41-05-02 (5‑102) Definitions
41-05-03 (5‑103) Scope
41-05-04 (5‑104) Formal requirements
41-05-05 (5‑105) Consideration
41-05-06 (5‑106) Issuance ‑ Amendment ‑ Cancellation ‑ Duration
41-05-07 (5‑107) Confirmer ‑ Nominated person ‑ Adviser
41-05-08 (5‑108) Issuer's rights and obligations
41-05-09 (5‑109) Fraud ‑ Forgery
41-05-10 (5‑110) Warranties
41-05-11 (5‑111) Remedies
41-05-12 (5‑112) Transfer of letter of credit
41-05-13 (5‑113) Transfer by operation of law
41-05-14 (5‑114) Assignment of proceeds
41-05-15 (5‑115) Statute of limitations
41-05-16 (5‑116) Choice of law and forum
41-05-17 (5‑117) Subrogation of issuer, applicant, and nominated person
41-05-18 (5‑118) Security interest of issuer or nominated person