Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Consideration - UCC 5-105
Ohio Rev. Code Ann. § 1305.04, under Letters Of Credit.
Ohio Rev. Code Ann. § 1305.04
Ohio Rev. Code Ann. § 1305.04, under Letters Of Credit.
Ohio Rev. Code Ann. § 1305.04
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
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