There is a newer version of the California Code
2011 California Code
Commercial Code
DIVISION 5. LETTERS OF CREDIT [5101 - 5118]
Section 5105
CA Com Code § 5105 (through 2012 Leg Sess) What's This?
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
(Repealed and added by Stats. 1996, Ch. 176, Sec. 7. Effective January 1, 1997.)
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