Code of Alabama
Ala. Code § 7-5-101 (2026)
Short Title.
✓ official Alabama Legislature (ALISON) text, current July 2026
This article may be cited as Uniform Commercial Code - Letters of Credit.
(Acts 1997, No. 97-702, p. 1427, §1.)
Notes of Decisions
Cited in 2
cases, 2006–2007 · leading case: Cont'l Cas. v. SouthTrust Bank, NA, 933 So. 2d 337 (Ala. 2006).
Cont'l Cas. v. SouthTrust Bank, NA, 933 So. 2d 337 (Ala. 2006). “Continental filed a cross-claim against SouthTrust, alleging breach of contract, fraud, and negligence, and that SouthTrust's refusal to honor Continental's sight draft on the LC violated § 7-5-101 et seq., Ala. Code 1975. SouthTrust answered, denying that it had wrongfully…”
Davis v. Sterne, Agee & Leach, Inc., 965 So. 2d 1076 (Ala. 2007). “§ 7-5-101, Ala.Code 1975. Title 7 governs the rights and obligations of entitlement holders, i.”
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