The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 9A: Uniform Commercial Code
Article 005: Letters of Credit
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§ 5-101. Short title
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§ 5-102. Definitions
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§ 5-103. Scope
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§ 5-104. Formal requirements
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§ 5-105. Consideration
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§ 5-106. Issuance, amendment, cancellation, and duration
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§ 5-107. Confirmer, nominated person, and adviser
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§ 5-108. Issuer's rights and obligations
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§ 5-109. Fraud and forgery
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§ 5-110. Warranties
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§ 5-111. Remedies
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§ 5-112. Transfer of letter of credit
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§ 5-113. Transfer by operation of law
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§ 5-114. Assignment of proceeds
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§ 5-115. Statute of limitations
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§ 5-116. Choice of law and forum
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§ 5-117. Subrogation of issuer, applicant, and nominated person
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§ 5-118. Security interest of issuer or nominated person