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REVISED ARTICLE 5 [i] (PROPOSED FINAL DRAFT, April 6, 1995)

handle is hein.ali/alicc0240 and id is 1 raw text is: PLEASE BRING THIS DRAFT TO THE ANNUAL MEETING As of the date of publication, this Draft has not been considered by the members of The American Law Institute and does not represent the position of the Institute on any of the issues with which it deals. The action, if any, taken by the members with respect to this Draft may be ascertained by consulting the Annual Proceedings of the Institute, which are published following each Annual Meeting. The American Law Institute UNIFORM COMMERCIAL CODE REVISED ARTICLE 5. LETTERS OF CREDIT (with amendments to Articles 1, 2, and 9) Proposed Final Draft (April 6, 1995) Submitted by the Council to the Members of The American Law Institute for Discussion at the Seventy-Second Annual Meeting on May 16, 17, 18, and 19, 1995 The Executive Office The American Law Institute 4025 Chestnut Street Philadelphia Pennsylvania 19104-3099 National Conference of Commissioners on Uniform State Laws 676 North St. Clair Street Suite 1700 Chicago, Illinois 60611