Georgia § 11-5-107 - Confirmer, nominated person, and adviser.
Full text of Georgia Official Code of Georgia Annotated § 11-5-107 — Confirmer, nominated person, and adviser., with citation guidance and answers to common questions.
§ 11-5-107. Confirmer, nominated person, and adviser.
A confirmer is directly obligated on a letter of credit and has the rights and obligations of an issuer to the extent of its confirmation. The confirmer also has rights against and obligations to the issuer as if the issuer were an applicant and the confirmer had issued the letter of credit at the request of and for the account of the issuer. A nominated person who is not a confirmer is not obligated to honor or otherwise give value for a presentation. A person required to advise may decline to act as an adviser. An adviser that is not a confirmer is not obligated to honor or give value for a presentation. An adviser undertakes to the issuer and to the beneficiary accurately to advise the terms of the letter of credit, confirmation, amendment, or advice received by that person and undertakes to the beneficiary to check the apparent authenticity of the requirement to advise. Even if the advice is inaccurate, the letter of credit, confirmation, or amendment is enforceable as issued. A person who notifies a transferee beneficiary of the terms of a letter of credit, confirmation, amendment, or advice has the rights and obligations of an adviser under subsection (c) of this Code section. The terms in the notice to the transferee beneficiary may differ from the terms in any notice to the transferor beneficiary to the extent permitted by the letter of credit, confirmation, amendment, or advice received by the person who so notifies. (Code 1981, § 11-5-107 , enacted by Ga. L. 2002, p. 995, § 1.) Law reviews. - For annual survey article discussing letter of credit issues, see 46 Mercer L. Rev. 71 (1994).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 11-5-107
What does Official Code of Georgia Annotated § 11-5-107 cover?
Section 11-5-107 ("Confirmer, nominated person, and adviser.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 11-5-107?
A common citation format is "Official Code of Georgia Annotated § 11-5-107" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 11-5-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.