Code of Alabama

Ala. Code § 7-9A-107A (2026)

Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible.

✓ official Alabama Legislature (ALISON) text, current July 2026
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(a) Control under Section 7-12-105. A secured party has control of a controllable electronic record as provided in Section 7-12-105.

(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.

(Act 2023-492, §2.)