Sec. 105. As used in this chapter, "controllable payment intangible" means a payment intangible evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that, under section 108 of this chapter, has control of the controllable electronic record.
As added by P.L.110-2022, SEC.7.
Structure Indiana Code
Article 1. Uniform Commercial Code
Chapter 11. Controllable Electronic Records
26-1-11-103. "Controllable Account"
26-1-11-104. "Controllable Electronic Record"
26-1-11-105. "Controllable Payment Intangible"
26-1-11-106. "Qualifying Purchaser"
26-1-11-108. Control of Controllable Electronic Record; Necessary Conditions; Exclusive Power