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

RCW 62A.9A-1071, under Secured transactions; sales of accounts, contract rights and chattel paper..

RCW 62A.9A-1071

(a) Control under RCW 62A.12-105. A secured party has control of a controllable electronic record as provided in RCW 62A.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.

[ 2023 c 266 s 905.]

Notes:

Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.