{"data":{"id":"us-al/ala.-code-7-9a-314","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-314","heading":"Perfection by Control.","body":"(a) Perfection by control. A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter-of-credit rights may be perfected by control of the collateral under Section 7-7-106, 7-9A-104,, 7-9A-106, 7-9A-107, or 7-9A-107A.\n(b) Specified collateral: Time of perfection by control; continuation of perfection. A security interest incontrollable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, or letter-of-credit rights is perfected by control under Section 7-7-106, 7-9A-104, 7-9A-107, or 7-9A-107A not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.\n(c) Investment property: Time of perfection by control; continuation of perfection. A security interest in investment property is perfected by control under Section 7-9A-106 not earlier than the time the secured party obtains control and remains perfected by control until:\n(1) the secured party does not have control; and\n(2) one of the following occurs:\n(A) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;\n(B) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or\n(C) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 3 Perfection and Priority.","Division 2 Perfection."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-314","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"769609d660d0ee7a3def8c64cfb5de185c0a7b4bf6d879072b2cca058a7af95e","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-313","next":"us-al/ala.-code-7-9a-314a"},"notice":"GroundRules: Original legal text. Not legal advice."}