Virginia Decodedhttps://vacode.org765998.9A-107.1Control of controllable electronic record, controllable account, or controllable payment intangible20258.9A-2038.9A-3148.9A-601Commercial Code — Secured TransactionsGeneral ProvisionsShort Title, Definitions and General Concepts

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.

2024, c. 652.