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Ala. Code § 7-12-101 Short Title
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This article may be cited as Uniform Commercial Code—Controllable Electronic Records. (Act 2023-492, §3.)
Ala. Code § 7-12-102 Definitions
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(a) Article 12 definitions. In this article: (1) “Controllable electronic record” means a record stored in an electronic medium that can be subjected to control under Section 7-12-105. The term does not include a controllable account, a controllable payment intangible, a deposit …
Ala. Code § 7-12-103 Relation to Article 9A and Consumer Laws
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(a) Article 9A governs in case of conflict. If there is conflict between this article and Article 9A, Article 9A governs. (b) Applicable consumer law and other laws. A transaction subject to this article is subject to any applicable rule of law that establishes a different rule f…
Ala. Code § 7-12-104 Rights in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible
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(a) Applicability of section to controllable account and controllable payment intangible. This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and benefits under subsections (c), (d), (e)…