§ 8.9A-107.1 Control of controllable electronic record, controllable account, or controllable payment intangible
a. Control under § 8.12-105. A secured party has control of a controllable electronic record as provided in § 8.12-105.
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.
History
This law was first created in 2024. The record of its establishment is cataloged in chapter 652 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2024, c. 652.