The 2024 Florida Statutes
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. . . See § 675.114(2)(b), Fla. . . . If United Mizrahi was a holder in due course, then it was entitled to payment under section 675.114(2 . . . Section 675.114(2)(a) adopts the definition of “holder in due course” contained at section 673.3021, . . . Daiwa obtained the preliminary injunction authorized by section 675.114(2). . . . When a preliminary injunction under section 675.114(2) prevents payment under a letter of credit, the . . .
. . . Fla.Stat.Ann. § 675.114 (West 1998). . . . However, Section 675.114 and Harris leave open two important questions. . . . First, former section 675.114 does not address the time period in which an issuing bank must make an . . . See Fla.Stat.Ann. § 675.114(2) (indicating that fraud exception applies “when documents appear on their . . . However, Section 675.114 applies only to documents required by a letter of credit. . . .
. . . . § 675.114(2) (1998). . . .
. . . documents, the applicant may seek to enjoin payment on its credit prior to honoring the letter of credit § 675.114 . . .
. . . . § 675.114(1), Fla.Stat. (1989); see B.G.H. Insurance Syndicate, Inc. v. . . . apparently conforming documents are “forged or fraudulent or there is fraud in the transaction.” § 675.114 . . . fraud is being perpetrated, the trial court may enjoin the bank from honoring the letter of credit. § 675.114 . . . It could be argued that section 675.114(2)(b) authorizes injunctive relief only in the circumstances . . .
. . . . § 675.114(1). . . . See Fla.Stat. § 675.114(3). . . . however, the bank has the right to honor the letter of credit if it chooses to do so, see FIa.Stat. § 675.114 . . . honor the letter if presented by another bank which has status as a holder in due course, see id. § 675.114 . . . See id. § 675.114. . . .
. . . Section 675.114(1), Florida Statutes (1987) specifies that an issuing bank must honor drafts or demands . . . payment occurs when a required document is “forged or fraudulent or there is fraud in the transaction.” § 675.114 . . .
. . . Braun; Fidelity Nat’l Bank; § 675.114(1), Fla.Stat. (1985). . . . Fidelity Nat’l Bank, 371 So.2d at 548; accord Braun, 466 So.2d at 1130; see § 675.114(1), Fla.Stat. ( . . .
. . . . § 675.114, Fla.Stat. (1981). See Fidelity National Bank. . . . See § 675.114, Fla.Stat. (1981). . . . immediate reimbursement through liquidation of the certificate of deposit Braun posted as collateral. § 675.114 . . .