1. In this chapter: a. "Adjustment date" means July 1, 2025. b. "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

2. The following definitions in other chapters of this title apply to this chapter. a. "Controllable account". Section 41-09-02. b. "Controllable electronic record". Section 41-12-02. c. "Controllable payment intangible". Section 41-09-02. d. "Electronic money". Section 41-09-02. e. "Financing statement". Section 41-09-02.

3. Chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.