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NRS 104.9329 - Priority among conflicting security interests in same letter-of-credit right.

NV Rev Stat § 104.9329 (2019) (N/A)
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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.

(Added to NRS by 1999, 318)

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NRS 104.9328 - Priority among conflicting security interests in same investment property.
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NRS 104.9330 - Priority of purchaser of chattel paper or instrument.