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Can you summarize NVRS 104.5105?

Uniform Commercial CodeOriginal Articles > Consideration.

October 3, 2023

Short Summary

Consideration is not required to issue, amend, transfer or cancel a letter of credit, advice or confirmation. (Added to NRS by 1965, 855; A 1997, 379)

Jurisdiction

Nevada

Source

NVRS 104.5105 [https://reggi.cloud.regology.com/regulations/US-NVRS/US-NVRS_T_8_C_104_S_5105]

Banking

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