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Tex. Code
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Title 1 — UNIFORM COMMERCIAL CODE
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Chapter 5 — LETTERS OF CREDIT
CONSIDERATION.
Tex. BUS. & COM Code § 5.105.
in effect
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Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. Amended by Acts 1999, 76th Leg., ch. 4, Sec. 1, eff. Sept. 1, 1999.
← Tex. BUS. & COM Code § 5.104.
Read full chapter →
Tex. BUS. & COM Code § 5.106. →
Source:
TX Statutes (Official Site)
URL:
https://statutes.capitol.texas.gov/
Fetched:
6/28/2026
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