{"data":{"id":"us-oh/ohio-rev.-code-1309.329","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1309.329","heading":"Priority of security interests in letter-of-credit right - UCC 9-329.","body":"The following govern priority among conflicting security interests in the same letter-of-credit right:\n(A) A security interest held by a secured party having control of the letter-of-credit right under section 1309.107 of the Revised Code has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control.\n(B) Security interests perfected by control under section 1309.314 of the Revised Code rank according to priority in time of obtaining control.","path":["Title 13 Commercial Transactions","Chapter 1309 Secured Transactions"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1309.329","current_through":"2001-07-01 (Senate Bill 74 - 124th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"63c7df0b6a1b2e69b4cb045bac0cfae7eade7d5f2b225b475810e5cc8bf1338c","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1309.328","next":"us-oh/ohio-rev.-code-1309.330"},"notice":"GroundRules: Original legal text. Not legal advice."}