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State Statutes - Idaho - Title 28 - Chapter 9 - 28-9-105
Idaho Statutes
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28-9-105 - 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 subsections (4), (5)
and (6) of this 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.
 
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