Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 9-107a — Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible
N.Y. U.C.C. Law § 9-107a
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 9--107A. Control of Controllable Electronic Record, Controllable
Citator
N.Y. U.C.C. Law § 9-107a — Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible is in force in the current edition of the Code, and nothing recorded condemns it.
Section 9--107A. Control of Controllable Electronic Record, Controllable
Account, or Controllable Payment Intangible.
(a) Control under Section 12--105. A secured party has control of a controllable electronic record as provided in Section 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.