Uniform Commercial Code (UCC) - Article 5: Primary US legislation governing letters of credit, establishing rules for creation, modification, and termination of letters of credit, and defining rights and obligations of all parties involved
ICC International Standby Practices (ISP98) and UCP 600: International standard practices for handling standby letters of credit and documentary credits, widely accepted in US banking practice though not strictly legislation
Federal Reserve Regulations (Reg H and K): Federal banking regulations governing state member banks (Regulation H) and international banking operations (Regulation K) in relation to letters of credit
State-Specific Property Laws: Local state legislation covering landlord-tenant relationships, real estate regulations, and specific requirements for commercial leases
OCC Regulations (12 CFR Part 7): Office of the Comptroller of the Currency regulations governing national banks' letter of credit operations and procedures
Bank Secrecy Act and AML Requirements: Federal regulations requiring Know Your Customer (KYC) protocols and financial reporting requirements for banking transactions including letters of credit
Uniform Commercial Real Estate Receivership Act: State-level legislation governing commercial property enforcement and receivership proceedings relevant to lease securities
FDIC Regulations: Federal Deposit Insurance Corporation rules governing bank operations and safety measures in relation to letters of credit and banking operations
