N.Y. Uniform Commercial Code Law § 9-107a: Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible

Section 9--107A. Control of Controllable Electronic Record, Controllable

Account, or Controllable Payment Intangible.

(a) Control under Section 12--105. A secured party has control of a

controllable electronic record as provided in Section 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.