{"data":{"id":"us-ky/krs-355.9-107","jurisdiction":"us-ky","citation":"KRS 355.9-107","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\nor performance by the issuer or any nominated person if the issuer or nominated person\nhas consented to an assignment of proceeds of the letter of credit under KR S 355.5 -\n114(3) or otherwise applicable law or practice.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33734","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:47Z","sha256":"5db2a625fbe9e8015e43990c6561b2f4725768d8fa628c772a5d7a8521068737","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-106","next":"us-ky/krs-355.9-1071"},"notice":"GroundRules: Original legal text. Not legal advice."}