Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. History. Code 1981, § 11-5-105, enacted by Ga. L. 2002, p. 995, § 1.
O.C.G.A. § 11-5-105, under LETTERS OF CREDIT.
O.C.G.A. § 11-5-105
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. History. Code 1981, § 11-5-105, enacted by Ga. L. 2002, p. 995, § 1.