{"data":{"id":"us-wv/w.-va.-code-46-9-329","jurisdiction":"us-wv","citation":"W. Va. Code § 46-9-329","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 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 9-314 rank according to priority in time of obtaining control.","path":["CHAPTER 46. UNIFORM COMMERCIAL CODE.","ARTICLE 9. SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER."],"source_url":"https://code.wvlegislature.gov/46-9-329/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:29:54Z","sha256":"76db7dc90ff868ad07f4c4011ad21edd8bb803c4bffa55df9805f64b4e9f20d6","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-46-9-328","next":"us-wv/w.-va.-code-46-9-330"},"notice":"GroundRules: Original legal text. Not legal advice."}