Me. Stat. tit. 11 § 9-1107-A

Current through 131st (2023-2024) Legislature Chapter 634

Section 9-1107-A - [Effective 7/1/2025] 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 12-105.

[2023, c. 669, Pt. A, §87 (NEW); 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.

[2023, c. 669, Pt. A, §87 (NEW); 2023, c. 669, Pt. E, §1 (AFF).]

11 M.R.S. § 9-1107-A

Added by 2024, c. 669,§ A-87, eff. 7/1/2025.