Uniform Commercial Code (U.L.A.) § 5- 104.
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
O.C.G.A. § 11-5-105
Consideration
Code 1981, § 11-5-105, enacted by Ga
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.