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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1305.04 | Consideration - UCC 5-105.

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1305 Letters Of Credit
 
Effective:
July 1, 1998
Latest Legislation:
House Bill 338 - 122nd General Assembly
PDF:
Download Authenticated PDF
 

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

Available Versions of this Section