Statute · California Commercial Code

Cal. Com. Code § 5105 — LETTERS OF CREDIT

Cal. Com. Code § 5105

Type
Statute
Source
California Commercial Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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

Citator

Cal. Com. Code § 5105 — LETTERS OF CREDIT is in force in the current edition of the Code, and nothing recorded condemns it.

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