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Code · Delaware · Title 6 — Commerce and Trade · Chapter 9

§ 9-107A. Control of controllable electronic record, controllable account, or controllable payment intangible.

64 words·~1 min read·/de/title-6/chapter-9/9-107a

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(a)Control under Section 12-105. —
A secured party has control of a controllable electronic record as provided in Section 12-105.
(b)Control of controllable account and controllable payment intangible. —
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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