§ 28:9–107A. Control of controllable electronic record, controllable account, or controllable payment intangible.

(a) A secured party has control of a controllable electronic record as provided in § 28:12-105.

(b) 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.