Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
D.C. Code § 28:5-105
Consideration
Known as the Uniform Commercial Code
The act spans §§ 28–28 (639 sections).
Dec. 30, 1963, 77 Stat. 710, Pub
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.