{"data":{"id":"us-la/rs-10-12-102","jurisdiction":"us-la","citation":"RS 10:12-102","heading":"Definitions","body":"(a) Chapter 12 definitions. In this Chapter:\n(1) \"Controllable electronic record\" means a record stored in an electronic medium that can be subjected to control under R.S. 10:12-105. The term does not include a controllable account, a controllable payment intangible, a deposit account, an electronic copy of a record evidencing chattel paper, an electronic document of title, investment property, or a transferable record. The term also does not include an electronic record that is currently authorized or adopted by a domestic or foreign government and is not a medium of exchange that was recorded and transferable in a system that existed and operated for the medium of exchange before the medium of exchange was authorized or adopted by a government.\n(2) \"Qualifying purchaser\" means a purchaser of a controllable electronic record or an interest in a controllable electronic record that obtains control of the controllable electronic record for value, in good faith, and without notice of a claim of a property right in the controllable electronic record.\n(3) \"Transferable record\" has the meaning provided for that term in:\n(A) Section 201(a)(1) of the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. 7021(a)(1), as amended; or\n(B) R.S. 9:2616(A).\n(4) \"Value\" has the meaning provided in R.S. 10:3-303(a), as if references in that Subsection to an \"instrument\" were references to a controllable account, controllable electronic record, or controllable payment intangible.\n(b) Definitions in Chapter 9. The definitions provided in Chapter 9 of this Title of \"account debtor\", \"controllable account\", \"controllable payment intangible\", \"chattel paper\", \"deposit account\", and \"investment property\" apply to this Chapter.\n(c) Chapter 1 definitions and principles. Chapter 1 of this Title contains general definitions and principles of construction and interpretation applicable throughout this Chapter.","path":["TITLE 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=1391471","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:11Z","sha256":"d1ac3db250d914d65bdfaadca0a98e084a09f0974643d25035e55dc5ef33aa73","source_id":"us-la","stale":false,"prev":"us-la/rs-10-12-101","next":"us-la/rs-10-12-103"},"notice":"GroundRules: Original legal text. Not legal advice."}