California Statutes

§ 9104. — 9104. (Amended by Stats. 2023, Ch. 210, Sec. 25.)

California § 9104.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 9.DIVISION 9. SECURED TRANSACTIONS
Ch. 1.CHAPTER 1. General Provisions

This text of California § 9104. (9104. (Amended by Stats. 2023, Ch. 210, Sec. 25.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Commercial Code - COM Code § 9104. (2026).

Text

(a)A secured party has control of a deposit account if any of the following conditions is satisfied:
(1)The secured party is the bank with which the deposit account is maintained.
(2)The debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor.
(3)The secured party becomes the bank’s customer with respect to the deposit account.
(4)Another person, other than the debtor, satisfies either of the following conditions:
(A)The person has control of the deposit account and acknowledges that it has control on behalf of the secured party.
(B)The person obtains control of the deposit account after having acknowledged

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Legislative History

Amended by Stats. 2023, Ch. 210, Sec. 25. (SB 95) Effective January 1, 2024.
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California § 9104., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/9104..