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1997 Florida Statutes

Title XXXIX COMMERCIAL RELATIONS
Chapter 675 UNIFORM COMMERCIAL CODE: LETTERS OF CREDIT
SECTION 105
Consideration.

675.105  Consideration.--No consideration is necessary to establish a credit or to enlarge or otherwise modify its terms.

History.--s. 1, ch. 65-254.

Note.--s. 5-105, U.C.C.; supersedes ss. 674.27, 674.31.