Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation.
ORS 75.1050
Known as the Uniform Commercial Code
The act spans §§ 75–75 (19 sections).
1961 c.726 §75.1050; 1997 c.150 §8
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.