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§ 7-9a-107a — Alabama Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alabama/
  4. Title 7 - Commercial Code/
  5. Article 9a - Secured Transactions/
  6. Part 1 - Secured Transactions/
  7. Division 1 - Short Title, Definitions, and General Concepts/
  8. § 7-9a-107a
Alabama Legal Code

§ 7-9a-107a

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(a) Control under Section 7-12-105. A secured party has control of a controllable electronic record as provided in Section 7-12-105.(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.(Act 2023-492, §2.)