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  3. Bus. & Com. Code
  4. Title 1
  5. Chap. 5

Chapter 5
Letters of Credit

Sections

5.101
Short Title
5.102
Definitions
5.103
Scope
5.104
Formal Requirements
5.105
Consideration
5.106
Issuance, Amendment, Cancellation, and Duration
5.107
Confirmer, Nominated Person, and Adviser
5.108
Issuer's Rights and Obligations
5.109
Fraud and Forgery
5.110
Warranties
5.111
Remedies
5.112
Transfer of Letter of Credit
5.113
Transfer by Operation of Law
5.114
Assignment of Proceeds
5.115
Statute of Limitations
5.116
Choice of Law and Forum
5.117
Subrogation of Issuer, Applicant, and Nominated Person
5.118
Security Interest of Issuer or Nominated Person
 



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Location: https://texas.public.law/statutes/tex._bus._and_com._code_title_1_chapter_5

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

Do you have an opinion about this solution? Drop us a line.