Iowa Code § 554.5105

Consideration

Known as the Uniform Commercial Code

The act spans §§ 554–554 (631 sections).

[C66, 71, 73, 75, 77, 79, 81, §554.5105]

Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.

96 Acts, ch 1026, §4, 28

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.