- (a) A secured party has control of a controllable electronic record as provided in IC 26-1-12-105 .
- (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.
As added by P.L.110-2022, SEC.2. Amended by P.L.199-2023, SEC.43.