Pennsylvania Statutes

§ 5105 — Consideration

Pennsylvania·Title 13 COMMERCIAL CODE·Ch. 51 LETTERS OF CREDIT
Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.

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Legislative History

Special Provisions in Appendix.See section 28 of Act 18 of 2001 in the appendix to this title for special provisions relating to applicability of transitional provisions. Cross References.Section 5105 is referred to in section 9700 of this title.

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