Oklahoma Statutes

§ 12A-1-9-107A — Control of controllable electronic record,

Oklahoma·Title 12A Uniform Commercial Code

controllable account, or controllable payment intangible. CONTROL OF CONTROLLABLE ELECTRONIC RECORD, CONTROLLABLE ACCOUNT, OR CONTROLLABLE PAYMENT INTANGIBLE (a) A secured party has control of a controllable electronic record as provided in Section 12-105 of this title.

(b)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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Legislative History

Added by Laws 2024, c. 13, § 45, eff. Nov. 1, 2024.

Nearby Sections

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