Section 9-1314 - [Effective 7/1/2025] Perfection by control(1). A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property or letter-of-credit rights may be perfected by control of the collateral under section 7-1106, 9-1104, 9-1106 , 9-1107 or 9-1107-A.(2). A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents or letter-of-credit rights is perfected by control under section 7-1106, 9-1104, 9-1107 or 9-1107-A not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.(3). A security interest in investment property is perfected by control under section 9-1106 not earlier than the time the secured party obtains control and remains perfected by control until:(a). The secured party does not have control; and(b). One of the following occurs:(i) If the collateral is a certificated security, the debtor has or acquires possession of the security certificate;(ii) If the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or(iii) If the collateral is a security entitlement, the debtor is or becomes the entitlement holder.Amended by 2024, c. 669,§ A-110, eff. 7/1/2025.1999, c. 699, §A2 (NEW) . 1999, c. 699, §A4 (AFF) . 2009, c. 324, Pt. B, §§39, 40 (AMD) . 2009, c. 324, Pt. B, §48 (AFF) .This section is set out more than once due to postponed, multiple, or conflicting amendments.