Article

Letters Of Credit

N.C. Gen. Stat. § 25-5-101— Short title
N.C. Gen. Stat. § 25-5-102— Definitions
N.C. Gen. Stat. § 25-5-103— Scope
N.C. Gen. Stat. § 25-5-104— Formal requirements
N.C. Gen. Stat. § 25-5-105— Consideration
N.C. Gen. Stat. § 25-5-106— Issuance, amendment, cancellation, and duration
N.C. Gen. Stat. § 25-5-107— Confirmer, nominated person, and adviser
N.C. Gen. Stat. § 25-5-108— Issuer's rights and obligations
N.C. Gen. Stat. § 25-5-109— Fraud and forgery
N.C. Gen. Stat. § 25-5-110— Warranties
N.C. Gen. Stat. § 25-5-111— Remedies
N.C. Gen. Stat. § 25-5-112— Transfer of letter of credit
N.C. Gen. Stat. § 25-5-113— Transfer by operation of law
N.C. Gen. Stat. § 25-5-114— Assignment of proceeds
N.C. Gen. Stat. § 25-5-115— Statute of limitations
N.C. Gen. Stat. § 25-5-116— Choice of law and forum
N.C. Gen. Stat. § 25-5-117— Subrogation of issuer, applicant, and nominated person
N.C. Gen. Stat. § 25-5-118— Security interest of issuer or nominated person