This act applies to a letter of credit that is issued on or after July 1, 1997. 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 July 1, 1997.
Utah Code § 70A-5-119
Applicability
Known as the Uniform Commercial Code
The act spans §§ 70A-12-101 to 70A-9a-904 (293 sections).
Repealed and Re-enacted by Chapter 252, 2000 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.