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Current as of May 05, 2022 | Updated by FindLaw Staff
A transaction arising out of or associated with a letter of credit that was issued before July 1, 1997, and the rights, obligations, and interests flowing from that transaction are governed by any statute or other law amended or repealed by this act 1 as if repeal or amendment had not occurred and may be terminated, completed, consummated, or enforced under that statute or other law.
Cite this article: FindLaw.com - Utah Code Title 70A. Uniform Commercial Code § 70A-5-120. Savings clause - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-70a-uniform-commercial-code/ut-code-sect-70a-5-120/
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