§5-1105. Consideration
33 words·~1 min read·
/me/title-11-uniform-commercial-code/5-1105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation. [PL 1997, c. 429, Pt. A, §2 (NEW); PL 1997, c. 429, Pt. A, §4 (AFF).]