Del. Code tit. 6, § 9-107A

Control of controllable electronic record, controllable account, or controllable payment intangible

Known as the Uniform Commercial Code

The act spans §§ 6–6 (106 sections).

84 Del

(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.

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.