Control of controllable electronic record, controllable account, or controllable payment intangible
Known as the Uniform Commercial Code
The act spans §§ 490:10-101 to 490:9-809 (641 sections).
L 2023, c 132, pt of §1
(a) A secured party shall be deemed to have control of a controllable electronic record as provided in section 490:12-105.
(b) A secured party shall be deemed to have 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: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.