# Alaska Stat. § 45.29.105: Control of electronic chattel paper

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.105

## Section

- **Citation:** Alaska Stat. § 45.29.105
- **Heading:** Control of electronic chattel paper
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 45 / Chapter 45.29 / Section 45.29.105

## Text

(a) A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chattel paper was assigned.

(b) A system satisfies (a) of this section if the record or records comprising the chattel paper are created, stored, and assigned in such a manner that (1) a single authoritative copy of the record or records exists that is unique, identifiable, and, except as otherwise provided in (4) — (6) of this subsection, unalterable;

(2) the authoritative copy identifies the secured party as the assignee of the record or records;

(3) the authoritative copy is communicated to and maintained by the secured party or its designated custodian;

(4) copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the secured party;

(5) each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy that is not the authoritative copy; and

(6) any amendment of the authoritative copy is readily identifiable as authorized or unauthorized.

## Nearby sections

- [Alaska Stat. § 45.29.101 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.101.md)
- [Alaska Stat. § 45.29.102 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.102.md)
- [Alaska Stat. § 45.29.103 Purchase money security interest; application of payments; burden of establishing.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.103.md)
- [Alaska Stat. § 45.29.104 Control of deposit account.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.104.md)
- [Alaska Stat. § 45.29.105 Control of electronic chattel paper.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.105.md)
- [Alaska Stat. § 45.29.106 Control of investment property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.106.md)
- [Alaska Stat. § 45.29.107 Control of letter-of-credit right.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.107.md)
- [Alaska Stat. § 45.29.108 Sufficiency of description.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.108.md)
- [Alaska Stat. § 45.29.109 Scope.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.109.md)
- [Alaska Stat. § 45.29.110 Security interests arising under AS 45.02 or AS 45.12.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.110.md)
- [Alaska Stat. § 45.29.201 General effectiveness of security agreement.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.201.md)
- [Alaska Stat. § 45.29.202 Title to collateral immaterial.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.202.md)
- [Alaska Stat. § 45.29.203 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.203.md)
- [Alaska Stat. § 45.29.204 After-acquired property; future advances.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.204.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.29_S45.29.105. Check the current official text before relying on it. Not legal advice.