Control of controllable electronic record, controllable account, or controllable payment intangible

R.I. Gen. Laws § 6A-9-107.1., under Chapter 6A-9 Secured Transactions.

R.I. Gen. Laws § 6A-9-107.1.

(a) Control under § 6A-12-105. A secured party has control of a controllable electronic record as provided in § 6A-12-105.

(b) Control of controllable account and controllable payment intangible. 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.