{"data":{"id":"us-ct/conn.-gen.-stat.-42a-9-107","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 42a-9-107","heading":"Control of letter-of-credit right.","body":"A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under subsection (c) of section 42a-5-114 or otherwise applicable law or practice.","path":["TITLE 42a. UNIFORM COMMERCIAL CODE","ARTICLE 9*. SECURED TRANSACTIONS","PART 1. GENERAL PROVISIONS"],"source_url":"https://www.cga.ct.gov/current/pub/art_009.htm#sec_42a-9-107","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"107d7119b6dbc8f705cc634c748035ffec1a9f8f4cc98436e9836fb13216ace5","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-42a-9-106","next":"us-ct/conn.-gen.-stat.-42a-9-108"},"notice":"GroundRules: Original legal text. Not legal advice."}