Georgia Statutes
§ 11-5-105 — Consideration
Georgia·Title 11
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
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Legislative History
Added by 2002 Ga. Laws 874,§ 1, eff. 7/1/2002. A former section with this number was repealed and reenacted by Ga. Laws 874, § 1.
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
Presumptions