New York Statutes
§ 5-105 — Consideration
New York § 5-105
This text of New York § 5-105 (Consideration) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Uniform Commercial Code § 5-105 (2026).
Text
Section 5--105. Consideration.\n Consideration is not required to issue, amend, transfer, or cancel a\nletter of credit, advice, or confirmation.\n
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Nearby Sections
15
§ 5-101
Short title§ 5-102
Definitions§ 5-103
Scope§ 5-104
Formal requirements§ 5-105
Consideration§ 5-109
Fraud and forgery§ 5-110
Warranties§ 5-111
Remedies§ 5-112
Transfer of letter of credit§ 5-113
Transfer by operation of law§ 5-114
Assignment of proceeds§ 5-115
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Bluebook (online)
New York § 5-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UCC/5-105.