{"data":{"id":"us-co/c.r.s.-4-9-329","jurisdiction":"us-co","citation":"C.R.S. § 4-9-329","heading":"Priority of security interests in letter-of-credit right.","body":"The following rules govern priority among conflicting security interests in the same letter-of-credit right:\n\n(1) A security interest held by a secured party having control of the letter-of-credit right under section 4-9-107 has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control.\n\n(2) Security interests perfected by control under section 4-9-314 rank according to priority in time of obtaining control.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 9 - Secured Transactions","Part 3 - PERFECTION AND PRIORITY"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"872f29b469763749c2f3756bede76fd43fb7ae0cd257b947e2c4566b13d3d2e5","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-9-328","next":"us-co/c.r.s.-4-9-330"},"notice":"GroundRules: Original legal text. Not legal advice."}