(a) Definitions.--In this chapter: 'Adjustment date' means July 1, 2025, or the date that is one year after the effective date of this section, whichever is later. 'Division 12 property' means a controllable account, controllable electronic record or controllable payment intangible. (b) Definitions in other divisions.--The following definitions in other divisions of this title apply to this chapter. 'Controllable account.' Section 9102 (relating to definitions and index of definitions). 'Controllable electronic record.' Section 12102 (relating to definitions). 'Controllable payment intangible.' Section 9102. 'Financing statement.' Section 9102. (c) Definitions and principles in Division 1.--Division 1 (relating to general provisions) contains general definitions and principles of construction and interpretation applicable throughout this chapter.
Pennsylvania Legal Code