{"data":{"id":"us-ga/o.c.g.a.-11-9-314","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-9-314","heading":"Perfection by control.","body":"(a) Perfection by control. A security interest in investment property, deposit accounts, letter of credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under Code Section 11-7-106, 11-9-104, 11-9-105, 11-9-106, or 11-9-107.\n(b) Specified collateral; time of perfection by control; continuation of perfection. A security interest in deposit accounts, electronic chattel paper, letter of credit rights, or electronic documents is perfected by control under Code Section 11-7-106, 11-9-104, 11-9-105, or 11-9-107 when 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 Code Section 11-9-106 from 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 11 Commercial Code","Article 9 Secured Transactions","PART 3 Perfection and Priority","Subpart 2 Perfection"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"f43eac1e45246a7c2abd6eacb5303177742a6b34ffacd279a3ea26a030c925f7","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-9-313","next":"us-ga/o.c.g.a.-11-9-315"},"notice":"GroundRules: Original legal text. Not legal advice."}
