Formal requirements

11A V.I.C. § 5-104 — under Letters of Credit.

11A V.I.C. § 5-104

A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated (i) by a signature or (ii) in accordance with the agreement of the parties or the standard practice referred to in Section 5–108(e).