transferable record
Defined in 1 dictionary — U.S. Code
United States Code
15 U.S.C. § 7021 — for purposes of this section (4 versions over time)
The term “transferable record” means an electronic record that—
(A) would be a note under Article 3 of the Uniform Commercial Code if the electronic record were in writing;
(B) the issuer of the electronic record expressly has agreed is a transferable record; and
(C) relates to a loan secured by real property.