Com. Code, § 9104 · Chapter 1. General Provisions
Com. Code, § 9104
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A secured party has control of a deposit account if any of the following conditions is satisfied:
(1) The secured party is the bank with which the deposit account is maintained.
(2) The debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor.
(3) The secured party becomes the bank’s customer with respect to the deposit account.
(4) Another person, other than the debtor, satisfies either of the following conditions:
(A) The person has control of the deposit account and acknowledges that it has control on behalf of the secured party.
(B) The person obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party.
(b) A secured party that has satisfied subdivision (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.
Notes and commentary — not statutory text
History
Amended by Stats. 2023, Ch. 210, Sec. 25. (SB 95) Effective January 1, 2024.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM§ionNum=9104.
- Text hash
- sha256 bf1586f53a4b932df195841832a37ed8fda9bb029b7e1f70a4d183a095209b5e
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 11 provisions
Provisions in this library whose text cites Com. Code, § 9104. Each shows the citation as that text prints it.
Commercial Code
- Com. Code, § 9107.2Printed as Section 9104, 9105, or 9105.1
- Com. Code, § 9203Printed as Section 7106, 9104, 9105.1, 9106, 9107, or 9107.1
- Com. Code, § 9207Printed as Section 7106, 9104, 9105, 9105.1, 9106, 9107, or 9107.1
- Com. Code, § 9208Printed as Section 9104
- Com. Code, § 9314Printed as Section 7106, 9104, 9105.1, 9106, 9107, or 9107.1 | Section 7106, 9104, 9105.1, 9107, or 9107.1
- Com. Code, § 9327Printed as Section 9104
- Com. Code, § 9340Printed as Section 9104
- Com. Code, § 9342Printed as Section 9104
- Com. Code, § 9601Printed as Section 7106, 9104, 9105, 9105.1, 9106, 9107, or 9107.1
- Com. Code, § 9607Printed as Section 9104
- Com. Code, § 14108Printed as Section 9104 of this code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.