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HRS §490:9-107.5

When a lender is considered to control digital records or accounts

This section says when a lender is treated as having control over certain digital records or accounts. If the lender controls the electronic record, they also control the related account or payment right. It is a short rule about control in secured transactions.

borrowers

The statute, as written — Control of controllable electronic record, controllable account, or controllable payment intangible

(a) A secured party shall be deemed to have control of a controllable electronic record as provided in section 490:12-105. (b) A secured party shall be deemed to have control of a controllable account or controllable payment intangible if the secured party has control of the controllable electronic record that evidences the controllable account or controllable payment intangible.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.