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Chapter 7
Practice Notes
Forms
§ 7.1 General Considerations for Letters of Credit in Real Estate Transactions
§ 7.2 Definition
§ 7.3 Types
§ 7.4 Parties to a Letter-of-Credit Transaction
§ 7.5 Sources of Letter-of-Credit Law and Practice
§ 7.6 Differences between ISP98 and UCP
§ 7.7 The Independence Principle
§ 7.8 Reimbursement
§ 7.9 Drafting Considerations
§ 7.10 Security Interests in Letters of Credit
§ 7.11 Additional Resources
7-1 Standby Letter of Credit
7-2 Sight Draft
Form7-2
7 Letters of Credit
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