The opinion
SUPPLEMENTAL OPINION ON DENIAL OF REHEARING
David Newbern, Justice. In part 1. of our opinion in this case, entitled Standard of review, we erred in our discussion by failing to cite Ark. Code Ann. § 15-58-212 (i) (1987) which sets out the standard to be used by a circuit court reviewing a decision reached in an administrative proceeding before the Arkansas Pollution Control and Ecology Commission. We adhere, however, to our statement that the limited review of administrative agency decisions, generally, has its origins in the Administrative Procedure Act.
The reader should know that, although we found a factual error, as described in our original opinion, the main burden of the opinion is to point out that the hearing officer’s decision misperceived the law of letters of credit by finding that an account party and a beneficiary may bind the issuer of a letter of credit where there is no evidence that the issuer assumed any additional obligation.
Rehearing denied.
Hays and Brown, JJ., would grant PC&E’s motion for rehearing.