1.    In this chapter:

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Terms Used In North Dakota Code 41-11-02

  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49

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.