Bill Introduced

2025 Regular

Bill Summary

Specifies when purchaser of controllable account or controllable payment intangible is qualifying purchaser; specifies rights acquired relating to controllable electronic records; prohibits actions from being asserted against qualifying purchasers; specifies that filing certain financial statement is not notice of claim of property right in controllable electronic record; authorizes account debtors on controllable account or controllable payment intangible to discharge obligations.

Subject

Some type of bill category

Sponsors

Last Action

Now in Civil Justice & Claims Subcommittee on (2/19/2025)

Official Document