Alabama § 7-9A-107A Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible

Alabama Statutes

§ 7-9A-107A — Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible

Alabama § 7-9A-107A

Title 7Commercial Code

Art. 9ASecured Transactions

Div. 1Short Title, Definitions, and General Concepts

This text of Alabama § 7-9A-107A (Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 7-9A-107A (2026).

Text

(a)Control under Section 7-12-105. A secured party has control of a controllable electronic record as provided in Section 7-12-105.

(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.

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(a) Control under Section 7-12-105. A secured party has control of a controllable electronic record as provided in Section 7-12-105.
(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.