U.C.C. - ARTICLE 5 -§5-105.

U.C.C. - ARTICLE 5
LETTERS OF CREDIT

§ 5-105. Consideration.

No consideration is necessary to establish a credit or to enlarge or otherwise modify its terms.

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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.

U.C.C. - ARTICLE 5 LETTERS OF CREDIT

§ 5-105. Consideration.

U.C.C. - ARTICLE 5
LETTERS OF CREDIT