GroundRules
Ala. Code § 7-9A-107A: Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 9A Secured Transactions.
- Part 1 Secured Transactions.
- Division 1 Short Title, Definitions, and General Concepts.
(a) Control under Section 7-12-105. A secured party has control of a controllable electronic record as provided in Section 7-12-105.
(b) Control of controllable account and controllable payment intangible. 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.
Collected 2026-09-03T14:01:54Z. Source file · JSON