Kan. Stat. § 84-9-107
Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
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 K.S.A. 84-5-114(a) *, and amendments thereto or otherwise applicable law or practice.
K.S.A. 84-9-107
Revisor's Note:
Former section 84-9-107 was repealed by L. 2000, ch. 142, §155 and the number reassigned to the current text.