Definitions

(1) In this article: (a) "Adjustment date" means July 1, 2025; and (b) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible. (2) The following definitions in other articles of this chapter apply to this article: (a) "Controllable account." KRS 355.9-102; (b) "Controllable electronic record." KRS 355.12-102; (c) "Controllable payment intangible." KRS 355.9-102; (d) "Electronic money." KRS 355.9-102; and (e) "Financing statement." KRS 355.9-102. (3) Article 1 of this chapter contains general definitions and principles of construction and interpretation applicable throughout this article.