Title 09A, Uniform Commercial Code

§ 9—807. Amendment of pre-effective-date financing statement (a) In this section, “pre-effective-date financing statement” means a financing statement filed before the Act takes effect. (b) After the Act takes effect, a person may add or delete collateral covered by, continue or …

§ 9—808. Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement pursuant to the provisions of this section if: (1) the secured party of record authorizes the filing; and (2) the fi…

§ 9—809. Priority The Act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the Act takes effect, Article 9 of this title, as it existed before amendment by the Act, determines priority. (Added 2…

§ 12—101. Title This article may be cited as Uniform Commercial Code—Controllable Electronic Records. (Added 2025, No. 17, § 10, eff. July 1, 2025.)

§ 12—102. Definitions (a) In this article: (1) “Controllable electronic record” means a record stored in an electronic medium that can be subjected to control under section 12—105 of this title. The term does not include a controllable account, a controllable payment intangible, …

§ 12—103. Relation to Article 9 and consumer laws (a) If there is conflict between this article and Article 9, Article 9 governs. (b) A transaction subject to this article is subject to any applicable rule of law that establishes a different rule for consumers, to any other statu…

§ 12—104. Rights in controllable account, controllable electronic record, and controllable payment intangible (a) This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and benefits under s…

§ 12—105. Control of controllable electronic record (a) A person has control of a controllable electronic record if the electronic record, a record attached to or logically associated with the electronic record, or a system in which the electronic record is recorded: (1) gives th…

§ 12—106. Discharge of account debtor on controllable account or controllable payment intangible (a) An account debtor on a controllable account or controllable payment intangible may discharge its obligation by paying: (1) the person having control of the controllable electronic…

§ 12—107. Governing law (a) Except as provided in subsection (b) of this section, the local law of a controllable electronic record’s jurisdiction governs a matter covered by this article. (b) For a controllable electronic record that evidences a controllable account or controlla…