Title 11, Chapter 9, Section 105
( 11-9-105)
Control of electronic chattel paper. A secured party has control of electronic chattel paper if the
record or records comprising the chattel paper are created, stored,
and assigned in such a manner that: (1) A single authoritative copy of the record or records exists
which is unique, identifiable, and, except as otherwise provided
in paragraphs (4), (5), and (6) of this Code section, unalterable; (2) The authoritative copy identifies the secured party as the
assignee of the record or records; (3) The authoritative copy is communicated to and maintained by
the secured party or its designated custodian; (4) Copies or revisions that add or change an identified assignee
of the authoritative copy can be made only with the participation
of the secured party; (5) Each copy of the authoritative copy and any copy of a copy is
readily identifiable as a copy that is not the authoritative copy;
and (6) Any revision of the authoritative copy is readily identifiable
as an authorized or unauthorized revision. | 
