Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
(Repealed and added by Stats. 1996, Ch. 176, Sec. 7. Effective January 1, 1997.)
Com. Code § 5105, under LETTERS OF CREDIT.
Com. Code § 5105
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
(Repealed and added by Stats. 1996, Ch. 176, Sec. 7. Effective January 1, 1997.)