Sec. 5105. Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Mich. Comp. Laws § 440.5105, under UNIFORM COMMERCIAL CODE.
Mich. Comp. Laws § 440.5105
Sec. 5105. Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.