Consideration

La. Rev. Stat. § 10:5-105, under Commercial Laws.

La. Rev. Stat. § 10:5-105

§5-105. Consideration Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975; Acts 1999, No. 171, §1, eff. Jan. 1, 2000.