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California Commercial Code

§ 9106

COM § 9106 Effective Jan 1, 2000Div. 9 · Ch. 1
(a)A person has control of a certificated security, uncertificated security, or security entitlement as provided in Section 8106.
(b)A secured party has control of a commodity contract if either of the following conditions is satisfied:
(1)The secured party is the commodity intermediary with which the commodity contract is carried.

Legislative history

Repealed and added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.

Source: California Commercial Code § 9106 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.