Article 5. Letters of Credit. § 28:5–101. Indemnities. § 28:5–102. Definitions. § 28:5–103. Scope. § 28:5–104. Formal requirements. § 28:5–105. Consideration. § 28:5–106. Issuance, amendment, cancellation, and duration. § 28:5–107. Confirmer, nominated person, and adviser. § 28:5–108. Issuer’s rights and obligations. § 28:5–109. Fraud and forgery. § 28:5–110. Warranties. § 28:5–111. Remedies. § 28:5–112. Transfer of letter of credit. § 28:5–113. Transfer by operation of law. § 28:5–114. Assignment of proceeds. § 28:5–115. Statute of limitations. § 28:5–116. Choice of law and forum. § 28:5–117. Subrogation of issuer, applicant, and nominated person. § 28:5–118. Applicability. § 28:5–119. Savings clause. § 28:5–120. Security interest of issuer or nominated person.