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

SDCL § 57A-9-107.1, under SECURED TRANSACTIONS.

SDCL § 57A-9-107.1

(a) A secured party has control of a controllable electronic record as provided in § 57A-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. Source: SL 2024, ch 198 , § 47.