Irrevocable Letter Of Credit printable pdf download

Irrevocable Letter Of Credit

*S A M P L E*

(Letterhead)

Date

State of Texas

Secretary of State

Registrations Unit

P. O. Box 13550

Austin, Texas 78711-3550

IRREVOCABLE LETTER OF CREDIT #_____________________

Dear Sirs:

We hereby establish our Irrevocable Letter of Credit in favor of the State of Texas for

the account of ____________________________________________________ located at

___________________________________________________. This Letter of Credit is

effective up to the aggregate amount of $10,000.

This Letter of Credit shall remain in effect until the account of _____________________

_________________________________________ is released or discharged by the Secretary

of State of Texas or until the expiration date of ___________________________. This is your

authority to draw drafts for any amount, or for the full amount not to exceed $10,000.

This Letter of Credit is given as security for the benefit of any person who is injured by a violation

of Tex. Bus. & Com. Code, Section 302.001 et seq.

All drafts to be marked "Drawn under Letter of Credit No. _____________________".

__________________________________

___________________________

(Signature of First Bank Official)

(Type Name)

Form #3405

Irrevocable Letter Of Credit