(810 ILCS 5/5-104) (from Ch. 26, par. 5-104) (Text of Section before amendment by P.A. 103-1036 ) Sec. 5-104. Formal requirements.
A letter of credit,
confirmation, advice, transfer, amendment, or cancellation may be issued in
any form that is a record and is authenticated (i) by a signature or (ii) in
accordance with the agreement of the parties or the standard practice
referred to in Section 5-108(e). (Source: P.A. 89-534, eff. 1-1-97.) (Text of Section after amendment by P.A. 103-1036 ) Sec. 5-104. Formal requirements. A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a signed record. (Source: P.A. 103-1036, eff. 1-1-25.) |