620 P.2d 58 (Colo. App. 1980); First Connecticut Small Business Invest. Co. v. Arba, Inc., 170 Conn. 168, 365 A.2d 100, 104 (1976); Indiana Mortgage & Realty Investors v. Peacock Constr. Co., 348 So. 2d 59 (Fla. App.), cert. denied, 353 So. 2d 677 (Fla. 1977); Provident Fed. Sav. & Loan Ass’n v. Idaho Land Developers, Inc., 114 Idaho 453, 757 P.2d 716 (App. 1988); Rockhill v. United States, 288 Md. 237, 418 A.2d 197, 204 (1980); Tuscarora, Inc. v. B.V.A. Credit Corp., 218 Va. 849, 241 S.E.2d 778 (1978)). In our view, any duty on the part of a commercial lender to a guarantor to monitor the use of loan proceeds by a borrower, must arise through contract. See Sunset Investments, Ltd. v. Sargent, 52 N.C. App. 284, 278 S.E.2d 558, disc. review denied, 303 N.C. 550, 281 S.E.2d 401 (1981) (<HOLDING>). In the absence of any express provision in
holding that a bank fee for a letter of credit to secure a stay pending appeal was not a taxable cost where no statute or court rule allowed such a cost and where the letter of credit was unnecessary and therefore a discretionary expense to which the opposing party had objected holding that a party providing a letter of credit fails at its peril to include in the letter language restricting honor and payment of the credit holding that documents did not substantially comply where copies of letter of credit and promissory note were submitted and letter of credit required originals holding that  1823e does not apply to a claim relating to a letter of credit a letter of credit is a liability not an asset holding that plaintiff had standing where the beneficiary of a letter of credit had assigned to plaintiff its cause of action for wrongful dishonor of the letter of credit