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Official Code of Georgia Annotated

Title 11. COMMERCIAL CODE · Chapter 5. · Article 5. LETTERS OF CREDIT

11-5-105. Consideration.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

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

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 11-5-105, enacted by Ga. L. 2002, p. 995, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t11-(v9)-2022-pdf.pdf, Volume V9, 2022 edition, page 580; merge action: carried; file SHA-256 ad397fccbf21.