Section 5–105. Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title XV - Regulation of Trade
Chapter 106 - Uniform Commercial Code
Section 5-113 - Transfer by Operation of Law
Section 5-118 - Security Interest of Issuer or Nominated Person
Section 5-117 - Subrogation of Issuer, Applicant, and Nominated Person
Section 5-116 - Choice of Law and Forum
Section 5-115 - Statute of Limitations
Section 5-114 - Assignment of Proceeds
Section 5-112 - Transfer of Letter of Credit
Section 5-109 - Fraud and Forgery
Section 5-104 - Formal Requirements
Section 5-106 - Issuance, Amendment, Cancellation, and Duration
Section 5-107 - Confirmer, Nominated Person, and Adviser