Control of controllable electronic record, controllable account, or controllable payment intangible. [Effective September 1, 2026.]

Ark. Code Ann. § 4-9-107A — under — General Provisions.

Ark. Code Ann. § 4-9-107A

(a) A secured party has control of a controllable electronic record as provided in § 4-12-105.

(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.