{"data":{"id":"us-mo/mo.-rev.-stat.-400.9-329","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.9-329","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 400.9-107 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 400.9-314 rank according to priority in time of obtaining control.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.9-329","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"8ab4c5077e3c616ff4b574d00a52c18cf0b181e252a85c6c8577e1cc13e28556","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.9-328","next":"us-mo/mo.-rev.-stat.-400.9-330"},"notice":"GroundRules: Original legal text. Not legal advice."}