{"data":{"id":"us-ks/k.s.a.-84-9-329","jurisdiction":"us-ks","citation":"K.S.A. 84-9-329","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 K.S.A. 2025 Supp. 84-9-107, and amendments thereto, 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 K.S.A. 2025 Supp. 84-9-314, and amendments thereto, rank according to priority in time of obtaining control.","path":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 9.—SECURED TRANSACTIONS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_009_0329.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:38Z","sha256":"aea1b7014604e58c084de0a8040c9b1ba94be5d66d8e5cb41dddede120bbbdca","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-9-328","next":"us-ks/k.s.a.-84-9-330"},"notice":"GroundRules: Original legal text. Not legal advice."}