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

5A Del. C. 1953, §§ ?5-105; 55 Del. Laws, c. 349; 71 Del. Laws, c. 393, § ?1;

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.