12A-102.

Definitions.

(a) In this article:

(1) "Adjustment date" means July 1, 2025.

(2) "Article 12" means article 12 of the Uniform Commercial Code.

(3) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

(b) The following definitions in other articles of the Uniform Commercial Code apply to this article.

"Controllable account". Section 9-102.

"Controllable electronic record". Section 12-102.

"Controllable payment intangible". Section 9-102.

"Electronic money". Section 9-102.

"Financing statement". Section 9-102.

(c) Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.