Idaho Code 28-9-107 – Control of Letter of Credit Right
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 28-9-107
- person: includes a corporation as well as a natural person;
Idaho Code 73-114
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.