(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.

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