Volume 796, Page 2051 View pdf image |
(1) THE PURCHASE-MONEY COLLATERAL ALSO SECURES AN (2) COLLATERAL THAT IS NOT PURCHASE-MONEY COLLATERAL ALSO (3) THE PURCHASE-MONEY OBLIGATION HAS BEEN RENEWED, (G) A SECURED PARTY CLAIMING A PURCHASE-MONEY SECURITY INTEREST 9-104. CONTROL OF DEPOSIT ACCOUNT. (A) A SECURED PARTY HAS CONTROL OF A DEPOSIT ACCOUNT IF: (1) THE SECURED PARTY IS THE BANK WITH WHICH THE DEPOSIT (2) THE DEBTOR, SECURED PARTY, AND BANK HAVE AGREED IN AN (3) THE SECURED PARTY BECOMES THE BANK'S CUSTOMER WITH (B) A SECURED PARTY THAT HAS SATISFIED SUBSECTION (A) HAS CONTROL, 9-105. CONTROL OF ELECTRONIC CHATTEL PAPER A SECURED PARTY HAS CONTROL OF ELECTRONIC CHATTEL PAPER IF THE (1) A SINGLE AUTHORITATIVE COPY OF THE RECORD OR RECORDS (2) THE AUTHORITATIVE COPY IDENTIFIES THE SECURED PARTY AS (3) THE AUTHORITATIVE COPY IS COMMUNICATED TO AND MAINTAINED (4) COPIES OR REVISIONS THAT ADD OR CHANGE AN IDENTIFIED (5) EACH COPY OF THE AUTHORITATIVE COPY AND ANY COPY OF A COPY |
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Volume 796, Page 2051 View pdf image |
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