Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
N.D. Cent. Code § 41-05-05
(5-105) Consideration
Known as the Uniform Commercial Code
The act spans §§ 41–41 (597 sections).
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.