California § 9107 - A secured party has control of a letter-of-credit right to the extent of any righ
Full text of California Public Contract Code - PCC § 9107 — A secured party has control of a letter-of-credit right to the extent of any righ, with citation guidance and answers to common questions.
§ 9107. A secured party has control of a letter-of-credit right to the extent of any righ
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 subdivision (c) of Section 5114 or otherwise applicable law or practice.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 9107
What does Public Contract Code - PCC § 9107 cover?
Section 9107 ("A secured party has control of a letter-of-credit right to the extent of any righ") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9107?
A common citation format is "Public Contract Code - PCC § 9107" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.