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§ 5-105. Consideration

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 5. Letters of Credit (Refs & Annos)
MD Code, Commercial Law, § 5-105
§ 5-105. Consideration
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.

Credits

Added by Acts 1997, c. 652, § 2, eff. Oct. 1, 1997.
MD Code, Commercial Law, § 5-105, MD COML § 5-105
Current with legislation effective through June 1, 2023, from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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