Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 5-119 — Applicability

N.Y. U.C.C. Law § 5-119

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

Section 5--119. Applicability.

Citator

N.Y. U.C.C. Law § 5-119 — Applicability is in force in the current edition of the Code, and nothing recorded condemns it.

Section 5--119. Applicability.

This article applies to a letter of credit that is issued on or after the effective date of this article. This article does not apply to a transaction, event, obligation, or duty arising out of or associated with a letter of credit that was issued before the effective date of this article.