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
(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.)