Sec. 42a-5-105. Consideration.

Latest version.

Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.

(1959, P.A. 133, S. 5-105; P.A. 96-198, S. 5.)

History: P.A. 96-198 rephrased provisions.

Notation

Cited. 173 C. 492.

                    
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