· 10/26/1994
Federal Case
Citations
- 38 F.3d 1490
- 24 U.C.C. Rep. Serv. 2d (West) 1224
- 94 Daily Journal DAR 15066
- 94 Cal. Daily Op. Serv. 8139
- 1994 U.S. App. LEXIS 29711
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “A letter of credit is not an asset of the bank[;] [i]t is a liability. A standby letter of credit is a contingent liability.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.