84-5-105. Consideration. Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.
History: L. 1996, ch. 202, ยง 5; July 1.
Structure Kansas Statutes
Chapter 84 - Uniform Commercial Code
84-5-106 Issuance, amendment, cancellation and duration.
84-5-107 Confirmer, nominated person and adviser.
84-5-108 Issuer's rights and obligations.
84-5-112 Transfer of letter of credit.
84-5-113 Transfer by operation of law.
84-5-114 Assignment of proceeds.
84-5-115 Statute of limitations.
84-5-116 Choice of law and forum.
84-5-117 Subrogation of issuer, applicant and nominated person.