California Commercial Code 17102 – (a) In this division, the following definitions …
(a) In this division, the following definitions apply.
(1) “Adjustment date” means July 1, 2025, or the date that is one year after the effective date of the act adding this division, whichever is later.
Terms Used In California Commercial Code 17102
- Electronic: means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. See California Commercial Code 1201
- Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See California Commercial Code 1201
(2) “Division 12” means Division 12 (commencing with Section 12101).
(3) “Division 12 property” means a controllable account, controllable electronic record, or controllable payment intangible.
(b) The following definitions in other divisions apply to this division:
|
“Controllable account” |
Section 9102. |
|
“Controllable electronic record” |
Section 12102. |
|
“Controllable payment intangible” |
Section 9102. |
|
“Electronic money” |
Section 9102. |
|
“Financing statement” |
Section 9102. |
(c) Division 1 (commencing with Section 1101) contains general definitions and principles of construction and interpretation applicable throughout this division.
(Added by Stats. 2023, Ch. 210, Sec. 91. (SB 95) Effective January 1, 2024.)