HRS §490:5-105
Consideration
This section says that when you issue, change, transfer, or cancel a letter of credit, advice, or confirmation, you do not need to give or receive anything of value in return. It removes the usual legal requirement for payment or other consideration.
everyone
The statute, as written — Consideration
Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.