[§490:13-102]  Definitions.  (a)  In this article:

     "Adjustment date" means July 1, 2025, or the date that is one year after June 29, 2023, whichever is later.

     "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

     (b)  The following definitions in other articles of this chapter shall apply to this article:

     "Controllable account".  Section 490:9-102.

     "Controllable electronic record".  Section 490:12-102.

     "Controllable payment intangible".  Section 490:9-102.

     "Electronic money".  Section 490:9-102.

     "Financing statement".  Section 490:9-102.

     (c)  Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article. [L 2023, c 132, pt of §1]

Revision Note

  "June 29, 2023" substituted for "the effective date of this Act" pursuant to §23G-15.