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Georgia General Assembly > Legislation
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2001-2002 Regular Session - HB 1253
Uniform Commercial Code; letters of credit; secured transactions
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Sponsored In Senate By
First Reader Summary
A BILL to amend Title 11 of the Official Code of Georgia Annotated, the "Uniform Commercial Code," so as to enact a new Article 5 relating to letters of credit; to strike former Article 5 in its entirety and replace it with a new article; to define terms; to provide for general matters relating to letters of credit; to provide for the rights of parties to letters of credit; to provide for penalties and remedies; to provide for transfer of letters of credit; to amend Article 9 of said Title 11, relating to secured transactions, so as to change various definitions in various Code sections and to amend a nonuniform provision; and for other purposes.
Status History
Jul/01/2002 - Effective Date
May/14/2002 - Act 874
May/14/2002 - House Date Signed by Governor
Apr/30/2002 - House Sent to Governor
Apr/10/2002 - Senate Passed/Adopted
Apr/10/2002 - Senate Third Read
Apr/03/2002 - Senate Read Second Time
Apr/03/2002 - Senate Committee Favorably Reported
Mar/26/2002 - Senate Read and Referred
Mar/26/2002 - House Passed/Adopted As Amended
Mar/26/2002 - House Third Readers
Feb/20/2002 - House Committee Favorably Reported
Feb/06/2002 - House Second Readers
Feb/05/2002 - House First Readers
Feb/04/2002 - House Hopper
Past Versions