Statutes > Ohio Statutes > Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE > Chapter 1305: LETTERS OF CREDIT > 1305.04 Consideration - UCC 5-105.

1305.04 Consideration - UCC 5-105.

1305.04 Consideration - UCC 5-105.

Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.

Effective Date: 07-01-1998