N.Y. Uniform Commercial Code Law § 5-105
Consideration
New York · New York Uniform Commercial Code Law · Status: effective · Effective 2014-09-22
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- N.Y. Uniform Commercial Code Law § 5-105, Consideration, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1134530
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Full text
Section 5--105. Consideration.
Consideration is not required to issue, amend, transfer, or cancel a
letter of credit, advice, or confirmation.