*S A M P L E* (Letterhead)
State of Texas Secretary of State Statutory Documents Section 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)
__________________________________ (Signature of Second Bank Official) __________________________________ (Type Name)
(or) instead of a Second Signature, a notarial certificate will be required. (EXAMPLE Below)
__________________________________ is insured by _____________________________ (Name of Institution) (FSLIC or FDIC)
STATE OF ____________________ COUNTY OF___________________
This instrument was acknowledged before me on ______________________________ (Date) by __________________________________ as _____________________________________ (Name of Representative) (Title of Representative)
of __________________________________. (Name of Entity) ___________________________________ Notary Public Signature
___________________________________ Notary Public Print or Type Name