Controllable account definition

Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control under section 1005 of this act of the controllable electronic record.
Controllable account means an account
Controllable account means an account evidenced by a

Examples of Controllable account in a sentence

  • The following definitions in other articles of the5 Uniform Commercial Code apply to this article.6 "Controllable account".

  • Our strenuous risk management efforts resulted in an RBC ratio of 287.7% (as of December 2012).


More Definitions of Controllable account

Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay the person that has control under Section 12-105 of the controllable electronic record under Section 12 105.
Controllable account means an account evidenced by a controllable electronic
Controllable account means an account evidenced by a controllable electronic record that provides that the account debtor undertakes to pay a person that under the uniform commercial code has control of the controllable electronic record.
Controllable account means an account evidenced by a control- lable electronic record that provides that the account debtor undertakes to pay the person that has control under section 490:A-105 of the controllable electronic record.