Irrevocable Letter Of Credit {9-311}

CRIMINAL FORMS Supreme Court9-311 Approved 3/7/909-311 [For use with District Court Rule 5-401B, Magistrate Court Rule 6-401B, Metropolitan Court Rule 7-401B and Municipal Court Rule 8-401B] IRREVOCA BLE LETTER OF CREDIT To: ________________________________ (judge, clerk, court administrator) ___________________________ (address) _____________________ (financial institution) hereby opens its irrevocable letter of creditin your favor by order of _____________________ (bondsman). This letter of credit is for the account of the ______________ Court of the [State] [Countyof ________________] [City of ____________________]. The total amount of credit is $___________. Drafts will be honored at ___________________________ (address) payable on sight.This irrevocable letter of credit will expire on _____________________. (Any specifications the financial institution may have concerning the description of the draftto be presented by the court against the letter) _____________________________ (financial institution) hereby agrees with the drawers,endorsers and bonafide holders of drafts drawn under and in compliance with the terms ofthis irrevocable letter of credit that the letter will be duly honored upon presentation anddelivery to drawee of all documents as specified. _____________________________ (financial institution) By____________________________ Signature Its___________________________ Title [Approved, effective September 1, 1990.]