Sec. 42a-5-105. Consideration. 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.
Cited. 173 C. 492.
Conn. Gen. Stat. § 42a-5-105 — under Article 5: Letters of Credit.
Conn. Gen. Stat. § 42a-5-105
Sec. 42a-5-105. Consideration. 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.
Cited. 173 C. 492.