Control of controllable electronic record, controllable account, or controllable payment intangible
Va. Code Ann. § 8.9A-107.1
in effect(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 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/8.9A-107.1/Fetched: 10/17/2026
