Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
Tenn. Code Ann. § 47-5-105
Consideration
Acts 1998, ch. 675, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.