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Code · California · Commercial Code

§ 9107.1

50 words·~1 min read·/ca/commercial-code/9107-1

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A secured party has control of a controllable electronic record as provided in Section 12105.
(b)A secured party has control of a controllable account or controllable payment intangible if the secured party has control of the controllable electronic record that evidences the controllable account or controllable payment intangible.
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