Kentucky
General Assembly

• .5-101 Short title.

• .5-102 Definitions.

• .5-103 Scope.

• .5-104 Formal requirements. (Effective until January 1, 2025)

• .5-104 Formal requirements. (Effective January 1, 2025)

• .5-105 Consideration.

• .5-106 Issuance, amendment, cancellation, and duration.

• .5-107 Confirmer, nominated person, and adviser.

• .5-108 Issuer's rights and obligations.

• .5-109 Fraud and forgery.

• .5-110 Warranties.

• .5-111 Remedies.

• .5-112 Transfer of letter of credit.

• .5-113 Transfer by operation of law.

• .5-114 Assignment of proceeds.

• .5-115 Statute of limitations.

• .5-116 Choice of law and forum. (Effective until January 1, 2025)

• .5-116 Choice of law and forum. (Effective January 1, 2025)

• .5-117 Subrogation of issuer, applicant, and nominated person.

• .5-118 Security interest of issuer or nominated person.

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