California · Commercial Code
COM §9107.1: (a) A secured party has control of a controllable electronic record as provided in Section 12105.
What this law says, in plain English
A secured party obtains control of a controllable electronic record according to the standards set forth in Section 12105.
Read the full statutory text
(a) A secured party has control of a controllable electronic record as provided in Section 12105. (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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