{"data":{"id":"us-mt/30-9a-314","jurisdiction":"us-mt","citation":"30-9A-314","heading":"Perfection by control.","body":"(1) 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 30-7-107, 30-9A-104, 30-9A-106, 30-9A-107, or 30-9A-107A.\n(2) A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, or letter-of-credit rights is perfected by control under 30-7-107, 30-9A-104, 30-9A-105, 30-9A-107, or 30-9A-107A not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.\n(3) A security interest in investment property is perfected by control under 30-9A-106 not earlier than the time the secured party obtains control and remains perfected by control until:\n(a) the secured party does not have control; and\n(b) one of the following occurs:\n(i) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;\n(ii) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or\n(iii) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 9A. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS","Part 3. Perfection and Priority"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_009A/part_0030/section_0140/0300-009A-0030-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:13Z","sha256":"bfd37e174c42ec3641aaeb1380c3edbb14b6a460a7046fe74022ba3cca1184cd","source_id":"us-mt","stale":false,"prev":"us-mt/30-9a-313","next":"us-mt/30-9a-314a"},"notice":"GroundRules: Original legal text. Not legal advice."}