(a) Control under RCW 62A.12-105. A secured party has control of a controllable electronic record as provided in RCW 62A.12-105.

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(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.

NOTES:

ConstructionEffective date2023 c 266: See notes following RCW 62A.12-101.