Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 5-105 — Consideration
N.Y. U.C.C. Law § 5-105
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
Section 5--105. Consideration.
Citator
N.Y. U.C.C. Law § 5-105 — Consideration is in force in the current edition of the Code, and nothing recorded condemns it.
Section 5--105. Consideration.
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.