N.D. Cent. Code § 41-09-07.1

Current through 2024 Legislative Session

Section 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.

N.D.C.C. § 41-09-07.1

Added by S.L. 2023 , ch. 371( HB 1082 ), § 46, eff. 8/1/2023.