Illinois § 9-107A

Illinois Statutes

§ 9-107A

Illinois § 9-107A

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 810COMMERCIAL CODE

Act 810 ILCS 5/Uniform Commercial Code.

Art.Article 9 - Secured Transactions

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Bluebook

810 Ill. Comp. Stat. 9-107A (2026).

Text

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

(a)Control under Section 12-105. A secured party has control of a controllable electronic record as provided in Section 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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Control of controllable electronic record, controllable account, or controllable payment intangible. (a) Control under Section 12-105. A secured party has control of a controllable electronic record as provided in Section 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.