RCW 62A.5-105
Consideration.
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
[ 1997 c 56 § 6; 1965 ex.s. c 157 § 5-105.]
Structure Revised Code of Washington
Title 62A - Uniform Commercial Code
Chapter 62A.5 - Letters of Credit.
62A.5-1013 - Applicability—Transition provision.
62A.5-1015 - Savings—Transition provision.
62A.5-104 - Formal requirements.
62A.5-106 - Issuance, amendment, cancellation, and duration.
62A.5-107 - Confirmer, nominated person, and adviser.
62A.5-108 - Issuer's rights and obligations.
62A.5-109 - Fraud and forgery.
62A.5-112 - Transfer of letter of credit.
62A.5-113 - Transfer by operation of law.
62A.5-114 - Assignment of proceeds.
62A.5-115 - Statute of limitations.
62A.5-116 - Choice of law and forum.
62A.5-117 - Subrogation of issuer, applicant, and nominated person.
62A.5-118 - Security interest of issuer or nominated person.