9-107A.

Control of account, payment intangible, or controllable electronic record.

(a) A secured party has "control" of an account or payment intangible if:

(1) the account or payment intangible is included in the benefit that can be derived from a controllable electronic record; and

(2) the secured party has control of the controllable electronic record.

(b) A secured party has "control" of a controllable electronic record as provided in section 12-105.