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CS/SB 2230: UCC: Letters of Credit

GENERAL BILL by Commerce and Economic Opportunities ; Campbell

UCC: Letters of Credit; revises provisions of code re letters of credit; defines terms; provides formal requirements; provides time & effect of establishment of credit; provides advice of credit, confirmation, error in statement of terms; provides "notation credit"; prescribes issuer's obligation to its customers; provides issuer's duty & privilege to honor; repeals certain provisions re letters of credit & statute of limitations re bulk transfers, etc. Amends FS.

Effective Date: 07/01/1998
Last Action: 5/1/1998 Senate - Died in Committee on Judiciary
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/3/1998 Senate • Filed
3/18/1998 Senate • Introduced, referred to Commerce and Economic Opportunities; Judiciary -SJ 00203
4/15/1998 Senate • On Committee agenda-- Commerce and Economic Opportunities, 04/20/98, 3:00 pm, Room-EL
4/20/1998 Senate • Comm. Action: CS by Commerce and Economic Opportunities -SJ 00813; CS read first time on 04/22/98 -SJ 00820
4/22/1998 Senate • Now in Judiciary -SJ 00813
5/1/1998 Senate • Died in Committee on Judiciary