Control of controllable electronic record, account or

controllable payment intangible. (a) A secured party has control of a controllable electronic record as provided in Section 55-12-105 NMSA 1978. (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. History: 1978 Comp., § 55-9-107A, enacted by Laws 2023, ch. 142, § 47.