Nebraska Uniform Commercial Code 5-202

UCC 5-202


Savings clause.

A transaction arising out of or associated with a letter of credit that was issued before January 1, 1997, and the rights, obligations, and interests flowing from that transaction are governed by any statute or other law amended or repealed by Laws 1996, LB 1028, as if repeal or amendment had not occurred and may be terminated, completed, consummated, or enforced under that statute or other law.


  • Laws 1996, LB 1028, § 21.