Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control under section 1005 of this act of the controllable electronic record.
Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay a person that under the uniform commercial code has control of the controllable electronic record.
Controllable account means an account
Examples of Controllable account in a sentence
Controllable account" means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control, under section 96 of this Act, of the controllable electronic record.
More Definitions of Controllable account
Controllable account means an account evidenced by a
Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that under Section 12-105 has control of the controllable electronic record.
Controllable account means an account evidenced by a controllable electronic
Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control under section 554.14105 has control of the controllable electronic record.
Controllable account means an account evidenced by a control- lable electronic record that provides that the account debtor undertakes to pay the person that has control under section 490:A-105 of the controllable electronic record.
Controllable account means an account evidenced by a controllable electronic 1423 record that provides that the account debtor undertakes to pay the person that has control 1424 under Code Section 11-12-105 of the controllable electronic record. 1425 (28.2) 'Controllable payment intangible' means a payment intangible evidenced by a 1426 controllable electronic record that provides that the account debtor undertakes to pay the 1427 person that has control under Code Section 11-12-105 of the controllable electronic 1428 record. 1429 (29) 'Debtor' means: 1430 (A) A person having an interest, other than a security interest or other lien, in the 1431 collateral, whether or not the person is an obligor; 1432 (B) A seller of accounts, chattel paper, payment intangibles, or promissory notes; or 1433 (C) A consignee. 1434 (30) 'Deposit account' means a demand, time, savings, passbook, or similar account 1435 maintained with a bank. The term does not include investment property or accounts 1436 evidenced by an instrument. 1437 (31) 'Document' means a document of title or a receipt of the type described in 1438 subsection (2)(b) of Code Section 11-7-201. 1439 (32) 'Electronic chattel paper' means chattel paper evidenced by a record or records 1440 consisting of information stored in an electronic medium Reserved. 1441 (32.1) 'Electronic money' means money in an electronic form. 1442 (33) 'Encumbrance' means a right, other than an ownership interest, in real property. The 1443 term includes mortgages and other liens on real property. 1444 (34) 'Equipment' means goods other than inventory, farm products, or consumer goods. 1445 (35) 'Farm products' means goods, other than standing timber, with respect to which the 1446 debtor is engaged in a farming operation and which are: 1447 (A) Crops grown, growing, or to be grown, including: 1448 (i) Crops produced on trees, vines, and bushes; and
Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control under section 1314.105 of the Revised Code of the controllable account record.