Added by Stats. 2023, Ch. 210, Sec. 28. (SB 95) Effective January 1, 2024.
(a)A secured party has control of a controllable electronic record as provided in Section 12105.
(b)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.
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