Sec. 42a-5-105. Consideration.

      Sec. 42a-5-105. Consideration. Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.

      (1959, P.A. 133, S. 5-105; P.A. 96-198, S. 5.)

      History: P.A. 96-198 rephrased provisions.

      Cited. 173 C. 492.