{"data":{"id":"us-nj/n.j.-stat.-12a-9-314","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:9-314","heading":"Perfection by control.","body":"Perfection by Control.\n(a)\tPerfection 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 12A:7-106, 12A:9-104, 12A:9-105, 12A:9-106 or 12A:9-107.\n(b)\tSpecified 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 12A:7-106, 12A:9-104, 12A:9-105 or 12A:9-107 when the secured party obtains control and remains perfected by control only while the secured party retains control.\n(c)\tInvestment property:  time of perfection by control; continuation of perfection.  A security interest in investment property is perfected by control under 12A:9-106 from the time the secured party obtains control and remains perfected by control until:\n(1)\tthe secured party does not have control; and\n(2)\tone of the following occurs:\n(A)\tif the collateral is a certificated security, the debtor has or acquires possession of the security certificate;\n(B)\tif the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or\n(C)\tif the collateral is a security entitlement, the debtor is or becomes the entitlement holder.\nL.2001, c.117, s.1; amended 2001, c.386, s.30, 2013, c.65, s.14.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"f7217b3c81c838ef9f65cc3198dd9af86c94919328f227eddd05d81c59c993fe","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-9-313","next":"us-nj/n.j.-stat.-12a-9-315"},"notice":"GroundRules: Original legal text. Not legal advice."}