Control of controllable electronic record, controllable account or controllable payment intangible
Known as the Uniform Commercial Code
The act spans §§ 2-101 to 9-1709 (548 sections).
PL 2023, c. 669, Pt
(1). A secured party has control of a controllable electronic record as provided in section 12‑105.
(2). 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: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.