N.Y. U.C.C. 5-105

Consideration

Known as the Uniform Commercial Code

The act spans §§ 1–12 (253 sections).

2014-09-22

Section 5--105. Consideration.\n Consideration is not required to issue, amend, transfer, or cancel a\nletter of credit, advice, or confirmation.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.