payment intangible (1). A secured party has control of a controllable electronic record as provided in section 12-105. [PL 2023, c. 669, Pt. A, §87 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).] (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. [PL 2023, c. 669, Pt. A, §87 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
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