Commercial Code § 9107.1

CHAPTER 1. General Provisions

Current as of September 28, 2026Com. Code, § 9107.1Official source ↗

Added by Stats. 2023, Ch. 210, Sec. 28. (SB 95) Effective January 1, 2024.

(a) A secured party has control of a controllable electronic record as provided in Section 12105.

(b) A secured party has control of a controllable account or controllable payment intangible if the secured party has control of the controllable electronic record that evidences the controllable account or controllable payment intangible.