The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 9A : Uniform Commercial Code
Article 005 : Letters of Credit
(Cite as: 9A V.S.A. § 5-105)-
§ 5—105. Consideration
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. (Added 1997, No. 65 (Adj. Sess.), § 1, eff. Jan. 1, 1999.)
