Can you summarize IACO 554.5104?

Short Summary

A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated by a signature or in accordance with the agreement of the parties or the standard practice referred to in section 554.5108, subsection 5. [C66, 71, 73, 75, 77, 79, 81, 554.5104] 96 Acts, ch 1026, 3, 28; 2012 Acts, ch 1023, 146 Referred to in 554.5102, 554.5116

Jurisdiction

Iowa

Source

• Banking