41-09-07.1. (9-107A) Control of controllable electronic record, controllable account, or controllable payment intangible
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ND Code › Title 41 › Chapter 41-09 › Section 41-09-07.1
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41-09-07.1. (9-107A) 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 section
41-12-05.
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.
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