2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 91 - General Provisions
Section 9106 - Control of investment property

     § 9106.  Control of investment property.
        (a)  Control under section 8106.--A person has control of a
     certificated security, an uncertificated security or a security
     entitlement as provided in section 8106 (relating to control).
        (b)  Control of commodity contract.--A secured party has
     control of a commodity contract if:
            (1)  the secured party is the commodity intermediary with
        which the commodity contract is carried; or
            (2)  the commodity customer, secured party and commodity
        intermediary have agreed that the commodity intermediary will
        apply any value distributed on account of the commodity
        contract as directed by the secured party without further
        consent by the commodity customer.
        (c)  Effect of control of securities account or commodity
     account.--A secured party having control of all security
     entitlements or commodity contracts carried in a securities
     account or commodity account has control over the securities
     account or commodity account.

        Cross References.  Section 9106 is referred to in sections
     9203, 9207, 9208, 9314, 9328, 9601 of this title.