Control of controllable electronic record, controllable account, or controllable payment intangible
Known as the Uniform Commercial Code
The act spans §§ 30-1-101 to 30-9A-906 (713 sections).
En
(1) A secured party has control of a controllable electronic record as provided in 30-12A-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: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.