{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-1-9-107","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-1-9-107","heading":"Control of letter-of-credit right","body":"CONTROL OF LETTER-OF-CREDIT RIGHT\n\nA secured party has control of a letter-of-credit right to the\n\nextent of any right to payment or performance by the issuer or any\n\nnominated person if the issuer or nominated person has consented to\n\nan assignment of proceeds of the letter of credit under subsection\n\n(c) of Section 5-114 of this title or otherwise applicable law or\n\npractice.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1a87f9ee538a5717e62863e8ea14eb5b106d59326463cea1a005c1155d263441","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-1-9-106","next":"us-ok/okla.-stat.-tit.-12a-12a-1-9-107a"},"notice":"GroundRules: Original legal text. Not legal advice."}
