GroundRules
N.C. Gen. Stat. § 25-9-107.1: Control of controllable electronic record, controllable account, or controllable payment intangible.
Where this section sits in the code
- Chapter 25. Uniform Commercial Code.
- Article 9. Secured Transactions.
- Part 1. General Provisions.
(a) Control Under G.S. 25-12-105. - A secured party has control of a controllable electronic record as provided in G.S. 25-12-105.
(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. (2025-25, s. 62.)
Collected 2026-08-27T17:58:47Z. Source file · JSON