Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. Source: SL 1998, ch 283 , § 1.
Consideration
SDCL § 57A-5-105 — under LETTERS OF CREDIT.
SDCL § 57A-5-105
SDCL § 57A-5-105 — under LETTERS OF CREDIT.
SDCL § 57A-5-105
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. Source: SL 1998, ch 283 , § 1.