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.
K.S.A. 84-5-118
Applicability
Known as the Uniform Commercial Code
The act spans §§ 84-5-101 to 84-5-119 (19 sections).
L. 1996, ch. 202, § 18; July 1.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.