Consideration.

  1. Law
  2. Code of Alabama
  3. Commercial Code.
  4. Letters of Credit.
  5. Consideration.

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Section 7-5-105

Consideration.

Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.

(Acts 1997, No. 97-702, p. 1427, §1.)


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