{"data":{"id":"us-ri/r.i.-gen.-laws-6a-9-104","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 6A-9-104","heading":"Control of deposit account.","body":"(a) Requirements for control. A secured party has control of a deposit account if:\n(1) the secured party is the bank with which the deposit account is maintained;\n(2) the debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor;\n(3) the secured party becomes the bank’s customer with respect to the deposit account; or\n(4) Another person, other than the debtor:\n(i) Has control of the deposit account and acknowledges that it has control on behalf of the secured party; or\n(ii) Obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party.\n(b) Debtor’s right to direct disposition. A secured party that has satisfied subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.","path":["Title 6A Uniform Commercial Code","Chapter 9 Secured Transactions","Part 1 General Provisions","Subpart 1 Short Title, Definitions, and General Concepts"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE6A/6A-9/6A-1/6A-1/6A-9-104.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T18:25:09Z","sha256":"a267b0b2b847a59efd00988b400b1ec87bc43e2f83c93d15e04943d57d9c5f11","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-6a-9-103","next":"us-ri/r.i.-gen.-laws-6a-9-105"},"notice":"GroundRules: Original legal text. Not legal advice."}