Com. Code, § 5105 · Division 5. LETTERS OF CREDIT

Com. Code, § 5105

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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

Notes and commentary — not statutory text

History

Repealed and added by Stats. 1996, Ch. 176, Sec. 7. Effective January 1, 1997.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM&sectionNum=5105.
Text hash: sha256 c2317a5eb9dcb7679e2bacb646dc3dd2da65bb6f609d282680d5ac6ab3bbba7b
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.