DIVISION 12. CONTROLLABLE ELECTRONIC RECORDS [12101. - 12107.]

Division 12 added by Stats. 2023, Ch. 210, Sec. 90.

§§ 12101–12107 · 7 sections

• § 12101 This division may be cited as Uniform Commercial Code—Controllable Electronic Records.
• § 12102 (a) In this division, the following definitions apply: (1) “Controllable electronic record” means a record stored in an electronic medium that can be subjected…
• § 12103 (a) If there is conflict between this division and Division 9 (commencing with Section 9101), Division 9 governs. (b) A transaction subject to this division is…
• § 12104 (a) This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and…
• § 12105 (a) A person has control of a controllable electronic record if the electronic record, a record attached to or logically associated with the electronic record,…
• § 12106 (a) An account debtor on a controllable account or controllable payment intangible may discharge its obligation by paying either of the following: (1) The…
• § 12107 (a) Except as provided in subdivision (b), the local law of a controllable electronic record’s jurisdiction governs a matter covered by this division. (b) For…