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2012 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 5-A: LETTERS OF CREDIT
11 §5-1105. Consideration


11 ME Rev Stat § 5-1105 (2012 through 125th Legis) What's This?

§5-1105. Consideration

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

SECTION HISTORY

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

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