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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>86292</law_id><section_number>8.5A-110</section_number><catch_line>Warranties</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>8.5A-108</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="8.5A">Uniform Commercial Code &#x2014; Letters of Credit</unit></structure><text>
						<section id="a"><p><span class="prefix-number">a.</span> If its presentation is honored, the beneficiary warrants: <a id="paragraph-309040" class="section-permalink" href="https://vacode.org/8.5A-110/#a"><i class="fa fa-link"/></a></p></section>
						<section id="a1" class="indent-1"><p><span class="prefix-number">1.</span> to the issuer, any other person to whom presentation is made, and the applicant that there is no <span class="dictionary">fraud</span> or <span class="dictionary">forgery</span> of the kind described in &#xA7; <a class="law" title="Fraud and forgery" href="/8.5A-109/">8.5A-109</a>(a); and <a id="paragraph-309041" class="section-permalink" href="https://vacode.org/8.5A-110/#a1"><i class="fa fa-link"/></a></p></section>
						<section id="a2" class="indent-1"><p><span class="prefix-number">2.</span> to the applicant that the drawing does not violate any agreement between the applicant and beneficiary or any other agreement intended by them to be augmented by the letter of credit. <a id="paragraph-309042" class="section-permalink" href="https://vacode.org/8.5A-110/#a2"><i class="fa fa-link"/></a></p></section>
						<section id="b"><p><span class="prefix-number">b.</span> The warranties in subsection (a) are in addition to warranties arising under Titles 8.3A, 8.4, 8.7, and 8.8A because of the presentation or transfer of documents covered by any of those titles. <a id="paragraph-309043" class="section-permalink" href="https://vacode.org/8.5A-110/#b"><i class="fa fa-link"/></a></p></section></text><history>1997, c. 343.</history><metadata></metadata></law>
