Section A-102 - Definitions(a) Article A Definitions.- In this article: (1) "Adjustment date" means July 1, 2025, or the date that is one year after [the effective date of this Act], whichever is later.(2) "Amending Act" means [the Act of the 152nd General Assembly that enacted this Act and is chaptered in Volume 84 of the Laws of Delaware]. (3) "Article 12" means Article 12 of the Uniform Commercial Code.(4) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.(b) Definitions in other articles.- The following definitions in other articles of the Uniform Commercial Code apply to this article. "Controllable account". § 9-102.
"Controllable electronic record". § 12-102.
"Controllable payment intangible". § 9-102.
"Electronic money". § 9-102
"Financing statement". § 9-102.
(c) Article 1 definitions and principles.- Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.Added by Laws 2023 , ch. 174, s 90, eff. 8/18/2023.