{"data":{"id":"us-al/ala.-code-7-9a-104","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-104","heading":"Control of Deposit Account.","body":"(a) Requirements for control. A secured party has control of a deposit account if:\n(1) the secured party is the bank with which the deposit account is maintained;\n(2) the debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor;\n(3) the secured party becomes the bank’s customer with respect to the deposit account ; or\n(4) another person, other than the debtor:\n(A) has control of the deposit account and acknowledges that it has control on behalf of the secured party; or\n(B) obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party.\n(b) Debtor’s right to direct disposition. A secured party that has satisfied subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 1 Secured Transactions.","Division 1 Short Title, Definitions, and General Concepts."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-104","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"f48c1c2213bebf0399945ae179e62e106b8ec20f7bb9479e8f956cf23d782d4f","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-103","next":"us-al/ala.-code-7-9a-105"},"notice":"GroundRules: Original legal text. Not legal advice."}
