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Form a Business

Consideration.

Ala. Code § 7-5-105
in effect
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7-5-105. Consideration. Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation. (Acts 1997, No. 97-702, p. 1427, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#7-5-105Fetched: 10/20/2026

Starting a business in Alabama? Alabama LLC guide: costs and requirements