{"data":{"id":"us-id/idaho-code-28-9-329","jurisdiction":"us-id","citation":"Idaho Code § 28-9-329","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(1) A security interest held by a secured party having control of the letter of credit right under section 28-9-107 has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control.\n(2) Security interests perfected by control under section 28-9-314 rank according to priority in time of obtaining control.","path":["TITLE 28 COMMERCIAL TRANSACTIONS","CHAPTER 9 SECURED TRANSACTIONS","PART 3. PERFECTION AND PRIORITY"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch9/sect28-9-329/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:20Z","sha256":"b5125a6535a9b899bc4e1983cc4182592d6888f2235b79330f8c0c83d79672f4","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-28-9-328","next":"us-id/idaho-code-28-9-330"},"notice":"GroundRules: Original legal text. Not legal advice."}
