Control of controllable electronic record, controllable account, or controllable payment intangible.

Del. Code tit. 6, § 9-107A
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) Control under Section 12-105. — A secured party has control of a controllable electronic record as provided in Section 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.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c009/sc01/index.htmlFetched: 10/4/2026

Starting a business in Delaware? Delaware LLC guide: costs and requirements