California Commercial Code

§ 9312

COM § 9312 Effective Jan 1, 2024Div. 9 · Ch. 3

Statute text

(a)A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, instruments, investment property, or negotiable documents may be perfected by filing.

(b)Except as otherwise provided in subdivisions (c) and (d) of Section 9315 for proceeds, all of the following apply:

(1)A security interest in a deposit account may be perfected only by control under Section 9314.

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Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 42. (SB 95) Effective January 1, 2024.