TITLE 8: AGRICULTURE AND ANIMALS
CHAPTER I: DEPARTMENT OF AGRICULTURE SUBCHAPTER t: WASTE MANAGEMENT PART 900 LIVESTOCK MANAGEMENT FACILITY REGULATIONS SECTION 900.APPENDIX A SURETY INSTRUMENTS Section 900.APPENDIX A Surety Instruments
Section 900.ILLUSTRATION B Irrevocable Standby Letter of Credit
IRREVOCABLE STANDBY LETTER OF CREDIT
Director Illinois Department of Agriculture P.O. Box 19281 Springfield, IL 62794-9281
Dear Sir or Madam:
We have authority to issue letters of credit. Our letter-of-credit operations are regulated by the Illinois Commissioner of Banks and Real Estate or our deposits are insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation. (Omit language that does not apply.)
Whenever this letter of credit is drawn on, under and in compliance with the terms of this credit, we shall duly honor such draft upon presentation to us, and we shall deposit the amount of draft directly into a designated account in accordance with your instructions.
This letter of credit is governed by the Uniform Commercial Code [810 ILCS 5].
|