Chapter

Letters of Credit

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