Consideration

  1. Law
  2. Maine Revised Statutes
  3. UNIFORM COMMERCIAL CODE
  4. LETTERS OF CREDIT
  5. Consideration

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§5-1105. Consideration

Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.   [PL 1997, c. 429, Pt. A, §2 (NEW); PL 1997, c. 429, Pt. A, §4 (AFF).]

SECTION HISTORY

PL 1997, c. 429, §A2 (NEW). PL 1997, c. 429, §A4 (AFF).


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