RCW 62A.9A-1071: Control of controllable electronic record, controllable account, or controllable payment intangible. (<i>Effective January 1, 2024.</i>)

RCWs > Title 62A > Chapter 62A.9A > Section 62A.9A-1071

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62A.9A-107 << 62A.9A-1071 >> 62A.9A-1072

PDFRCW 62A.9A-1071

Control of controllable electronic record, controllable account, or controllable payment intangible. (Effective January 1, 2024.)

(a) Control under RCW 62A.12-105. A secured party has control of a controllable electronic record as provided in RCW 62A.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.

[ 2023 c 266 § 905.]

NOTES:

Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.