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Cal. Com. Code § 9107.1

General Provisions

Known as the Uniform Commercial Code

The act spans §§ 1101 to 12107 (623 sections).

Added by Stats. 2023, Ch. 210, Sec. 28

(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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.