§490:12-102 Definitions. (a) In this article: 'Controllable electronic record' means a record stored in an electronic medium that may be subjected to control under section 490:12-105. 'Controllable electronic record' does not include a controllable account, a controllable payment intangible, a deposit account, an electronic copy of a record evidencing chattel paper, an electronic document of title, electronic money, investment property, or a transferable record. 'Qualifying purchaser' means a purchaser of a controllable electronic record or an interest in a controllable electronic record that obtains control of the controllable electronic record for value, in good faith, and without notice of a claim of a property right in the controllable electronic record. 'Transferable record' has the same meaning as in: (1) Section 201(a)(1) of the Electronic Signatures in Global and National Commerce Act, title 15 United States Code section 7021(a)(1), as amended; or (2) Section 489E-16(a). 'Value' has the same meaning as in section 490:3-303(a), as if references in that section to an 'instrument' were references to a controllable account, controllable electronic record, or controllable 'Value' has the same meaning as in section 490:3-303(a), as if references in that section to an 'instrument' were references to a controllable account, controllable electronic record, or controllable payment intangible. (b) The following definitions in other articles of this chapter shall apply to this article: 'Account debtor'. Section 490:9-102. 'Chattel paper'. Section 490:9-102. 'Controllable account'. Section 490:9-102. 'Controllable payment intangible'. Section 490:9-102. 'Deposit account'. Section 490:9-102. 'Electronic money'. Section 490:9-102. 'Investment property'. Section 490:9-102. (c) Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article. [L 2023, c 132, pt of §1]
Hawaii Legal Code