North Dakota § 41-11-02 (A-102) Definitions

North Dakota Statutes

§ 41-11-02 — (A-102) Definitions

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-11 Transitional Provisions for Uniform Commercial Code Amendments (2022)

1.In this chapter:

a."Adjustment date" means July 1, 2025.

b."Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

2.The following definitions in other chapters of this title apply to this chapter.

a."Controllable account". Section 41-09-02.

b."Controllable electronic record". Section 41-12-02.

c."Controllable payment intangible". Section 41-09-02.

d."Electronic money". Section 41-09-02.

e."Financing statement". Section 41-09-02.

3.Chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.

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1. In this chapter:
a. "Adjustment date" means July 1, 2025.
b. "Article 12 property" means a controllable account, controllable electronic record,
or controllable payment intangible.
2. The following definitions in other chapters of this title apply to this chapter.
a. "Controllable account". Section 41-09-02.
b. "Controllable electronic record". Section 41-12-02.
c. "Controllable payment intangible". Section 41-09-02.
d. "Electronic money". Section 41-09-02.
e. "Financing statement". Section 41-09-02.
3. Chapter 41-01 contains general definitions and principles of construction and
interpretation applicable throughout this chapter.

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