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§12A-5-110.


§12A-5-110.
   
   Warranties.
   
   (a) If its presentation is honored, the beneficiary warrants:
   
   (1) To the issuer, any other person to whom presentation is made, and
   the applicant that there is no fraud or forgery of the kind described
   in subsection (a) of Section 5-109 of this title; and
   
   (2) 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.
   
   (b) The warranties in subsection (a) of this section are in addition
   to warranties arising under Articles III, IV, VII and VIII of this
   title because of the presentation or transfer of documents covered by
   any of those articles.
   

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