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2019 Code of Alabama
Title 7 - Commercial Code.
Article 5 - Letters of Credit.
Section 7-5-105 - Consideration.
Universal Citation: AL Code § 7-5-105 (2019)
Section 7-5-105Consideration.
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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