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State Statutes - Idaho - Title 28 - Chapter 9 - 28-9-107
Idaho Statutes
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28-9-107 - CONTROL OF LETTER OF CREDIT RIGHT
A secured party has control
of a letter of credit right to the extent of any right to payment or
performance by the issuer or any nominated person if the issuer or nominated
person has consented to an assignment of proceeds of the letter of credit
under section 28-5-114(3) or otherwise applicable law or practice.
 
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