1. (a) A secured party has control of a controllable electronic record as provided in § 28:12-105.
2. (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.

History

Apr. 20, 2024, D.C. Law 25-158, § 2(j)(5)