Nevada § 104.9329 - Priority among conflicting security interests in same letter-of-credit right
Full text of Nevada Nevada Revised Statutes § 104.9329 — Priority among conflicting security interests in same letter-of-credit right, with citation guidance and answers to common questions.
§ 104.9329. Priority among conflicting security interests in same letter-of-credit right
The following rules govern priority among conflicting security interests in the same
letter-of-credit right: 1. A security interest held by a secured party having control of the letter-of-credit
right under NRS 104.9107 has priority to the extent of its control over a conflicting security interest held
by a secured party that does not have control. 2. Security interests perfected by control under NRS 104.9314 rank according to priority in time of obtaining control.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.9329
What does Nevada Revised Statutes § 104.9329 cover?
Section 104.9329 ("Priority among conflicting security interests in same letter-of-credit right") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. 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 Nevada § 104.9329?
A common citation format is "Nevada Revised Statutes § 104.9329" (Nevada). 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 Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.9329 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada 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 Nevada.