Letter of Credit

 The Irrevocable Letter of Credit form is for use when a Self-Insurer elects to use Letter of Credit to satisfy their security requirement.

The form language must not be altered and all parts of the form must be completed in its entirety. Those parts include; The Irrevocable Letter of Credit face (S121-B), The Information Page (S121-C) and the Memorandum of Understanding (S121-D).

The Notice of Non-Renewal of the Letter of Credit (S121-E) is made a part of this form for future use.