{"data":{"id":"us-fl/fla.-stat.-679.329","jurisdiction":"us-fl","citation":"Fla. Stat. § 679.329","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(1) A security interest held by a secured party having control of the letter-of-credit right under s. 679.1071 has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control.\n(2) Security interests perfected by control under s. 679.3141 rank according to priority in time of obtaining control.\nHistory.—s. 3, ch. 2001-198; s. 161, ch. 2025-92.","path":["CHAPTER 679 UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0679/0679.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:57Z","sha256":"12a3d82845d8de045050e0dc231b5c00b26abc1ddd7111ec37c079275606aaeb","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-679.328","next":"us-fl/fla.-stat.-679.330"},"notice":"GroundRules: Original legal text. Not legal advice."}