Nebraska Uniform Commercial Code 5-201

UCC 5-201

5-201.

Applicability.

Laws 1996, LB 1028, applies to a letter of credit that is issued on or after January 1, 1997. Laws 1996, LB 1028, does not apply to a transaction, event, obligation, or duty arising out of or associated with a letter of credit that was issued before January 1, 1997.