Louisiana Statutes
§ 10:5-105 — Consideration
Louisiana § 10:5-105
JurisdictionLouisiana
Title 10Commercial Laws
This text of Louisiana § 10:5-105 (Consideration) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 10:5-105 (2026).
Text
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975; Acts 1999, No. 171, §1, eff. Jan. 1, 2000.
Nearby Sections
15
§ 10:5-101
§ 10:5-101§ 10:5-102
Definitions§ 10:5-103
Scope§ 10:5-104
Formal requirements§ 10:5-105
Consideration§ 10:5-107
Confirmor, nominated person, and adviser§ 10:5-108
Issuer's rights and obligations§ 10:5-109
Fraud and forgery§ 10:5-110
Warranties§ 10:5-111
Remedies§ 10:5-112
Transfer of letter of credit§ 10:5-113
Transfer by operation of law§ 10:5-114
Assignment of proceeds§ 10:5-115
Statute of limitationsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 10:5-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/10%3A5-105.