Colo. Rev. Stat. § 4-9-107
Control of letter-of-credit right
Colorado · Colorado Revised Statutes Title 4 — Uniform Commercial Code · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 4-9-107, Control of letter-of-credit right, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2283258
- Permanent ID
ys:prov:2283258@1- SHA-256
30b77c1c3885693bf60257870c90de524536a1060bb7c208fdab8baa654b29b2
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
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 4-5-114 (c) or otherwise applicable law or practice.