Okla. Stat. tit. 12A, § 12A-5-119: Savings Clause

Savings Clause.

A transaction arising out of or associated with a letter of

credit that was issued before January 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governed by any statute or other law amended or repealed by this act

as if repeal or amendment had not occurred and may be terminated,

completed, consummated, or enforced under that statute or other law.