Is N.Y. U.C.C. Law § 5-110 — Warranties still in force?

Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 5-110 — Warranties

N.Y. U.C.C. Law § 5-110

Type: Statute
Source: New York Uniform Commercial Code
Jurisdiction: New York
Current through: Nov 4, 2026 (NY Senate Open Legislation)

Section 5--110. Warranties.

Citator

N.Y. U.C.C. Law § 5-110 — Warranties is in force in the current edition of the Code, and nothing recorded condemns it.

Section 5--110. Warranties.

(a) If its presentation is honored, the beneficiary warrants:

(1) To the issuer, any other person to whom presentation is made,

and the applicant that there is no fraud or forgery of the

kind described in subsection (a) of section 5--109; and

(2) To the applicant that the drawing does not violate any

agreement between the applicant and beneficiary or any other

agreement intended by them to be augmented by the letter of

credit.

(b) The warranties in subsection (a) of this section are in addition to warranties arising under articles 3, 4, 7 and 8 because of the presentation or transfer of documents covered by any of those articles.