Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Fla. Stat. § 675.105
Consideration
Known as the Uniform Commercial Code
The act spans §§ 675–675 (20 sections).
History.--s. 1, ch. 65-254; s. 1, ch. 99-137
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.