[§490:12-102] Definitions. (a) In this article:
"Controllable electronic record" means a record stored in an electronic medium that may be subjected to control under section 490:12-105. "Controllable electronic record" does not include a controllable account, a controllable payment intangible, a deposit account, an electronic copy of a record evidencing chattel paper, an electronic document of title, electronic money, investment property, or a transferable record.
"Qualifying purchaser" means a purchaser of a controllable electronic record or an interest in a controllable electronic record that obtains control of the controllable electronic record for value, in good faith, and without notice of a claim of a property right in the controllable electronic record.
"Transferable record" has the same meaning as in:
"Value" has the same meaning as in section 490:3-303(a), as if references in that section to an "instrument" were references to a controllable account, controllable electronic record, or controllable payment intangible.
(b) The following definitions in other articles of this chapter shall apply to this article:
"Account debtor". Section 490:9-102.
"Chattel paper". Section 490:9-102.
"Controllable account". Section 490:9-102.
"Controllable payment intangible". Section 490:9-102.
"Deposit account". Section 490:9-102.
"Electronic money". Section 490:9-102.
"Investment property". Section 490:9-102.
(c) Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article. [L 2023, c 132, pt of §1]