Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
C.R.S. § 4-5-105
Consideration
Known as the Uniform Commercial Code
The act spans §§ 4–4 (633 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.