Control of controllable electronic record, controllable account, or controllable payment intangible.
G.S. 25-9-107.1
in effect§ 25-9-107.1. Control of controllable electronic record, controllable account, or controllable payment intangible.
(a) Control Under G.S. 25-12-105. - A secured party has control of a controllable electronic record as provided in G.S. 25-12-105.
(b) Control of Controllable Account and Controllable Payment Intangible. - 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. (2025-25, s. 62.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-107.1.htmlFetched: 10/19/2026
