30-9A-107A. Control of controllable electronic record, controllable account, or controllable payment intangible, MCA

Montana Code Annotated 2025

TITLE 30. TRADE AND COMMERCE

CHAPTER 9A. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS

Part 1. General Provisions

Control Of Controllable Electronic Record, Controllable Account, Or Controllable Payment Intangible

30-9A-107A. Control of controllable electronic record, controllable account, or controllable payment intangible. (1) A secured party has control of a controllable electronic record as provided in 30-12A-105.

(2) 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.

History: En. Sec. 48, Ch. 200, L. 2025.