§9-107.2. Control conditioned on default
A secured party that has satisfied R.S. 10:9-104, 9-105, 9-106, 9-107 or 9-107.1 has control with respect to such collateral even if the secured party has agreed not to exercise such control until a default by the debtor or obligor or other unfulfilled condition is met.
Acts 2001, No. 128, §1, eff. July 1, 2001; Acts 2004, No. 303, §2.
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