Montana § 30-9A-314 Perfection By Control

Montana Statutes

§ 30-9A-314 — Perfection By Control

Montana § 30-9A-314

Title 30TRADE AND COMMERCE

Ch. 9AUNIFORM COMMERCIAL CODE SECURED TRANSACTIONS

Part 3Perfection and Priority

This text of Montana § 30-9A-314 (Perfection By Control) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-9A-314 (2026).

Text

30-9A-314 . Perfection by control.

(1)A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter-of-credit rights may be perfected by control of the collateral under 30-7-107 , 30-9A-104 , 30-9A-106 , 30-9A-107 , or 30-9A-107A .

(2)A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, or letter-of-credit rights is perfected by control under 30-7-107 , 30-9A-104 , 30-9A-105 , 30-9A-107 , or 30-9A-107A not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.

(3)A security interest in inve

Free access — add to your briefcase to read the full text and ask questions with AI

30-9A-314 . Perfection by control. (1) A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter-of-credit rights may be perfected by control of the collateral under 30-7-107 , 30-9A-104 , 30-9A-106 , 30-9A-107 , or 30-9A-107A .
(2) A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, or letter-of-credit rights is perfected by control under 30-7-107 , 30-9A-104 , 30-9A-105 , 30-9A-107 , or 30-9A-107A not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.
(3) A security interest in investment property is perfected by control under 30-9A-106 not earlier than the time the secured party obtains control and remains perfected by control until:
(a) the secured party does not have control; and
(b) one of the following occurs:
(i) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;
(ii) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or
(iii) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.

Legislative History

En. Sec. 33, Ch. 305, L. 1999; Sec. 30-9-334, MCA 1999; redes. 30-9A-314 by Code Commissioner, 2001; amd. Sec. 82, Ch. 575, L. 2005; amd. Sec. 64, Ch. 200, L. 2025.