{"data":{"id":"us-ky/krs-355.5-110","jurisdiction":"us-ky","citation":"KRS 355.5-110","heading":"Warranties.","body":"(1) If its presentation is honored, the beneficiary warrants:\n(a) To the issuer, any other person to whom presentation is made, and the\napplicant that there is no fraud or forgery of the kind described in KRS 355.5 -\n109(1); and\n(b) To the applicant that the drawing does not violate any agreement between the\napplicant and beneficiary or any other agreement intended by them to be\naugmented by the letter of credit.\n(2) The warranties in subsection (1) of this section are in addition to warranties arising\nunder Articles 3, 4, 7, and 8 of this chapter because of the presentation or transfer of\ndocuments covered by any of those articles.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33602","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:45Z","sha256":"dd91d28ae4429277cf114ff2a52ae3d92b09f1d894ea648ceea6ed4ab7ab510f","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.5-109","next":"us-ky/krs-355.5-111"},"notice":"GroundRules: Original legal text. Not legal advice."}