[Previous] [Next]

§12A-9-106.


§12A-9-106.
   
   Definitions: "Account"; "General Intangibles".
   
   "Account" means any right to payment for goods sold or leased or for
   services rendered which is not evidenced by an instrument or chattel
   paper, whether or not it has been earned by performance.
   
   "General intangibles" means any personal property (including things in
   action) other than goods, accounts, chattel paper, documents,
   instruments, rights to proceeds of written letters of credit,
   investment property, and money. All rights to payment earned or
   unearned under a charter or other contract involving the use or hire
   of a vessel and all rights incident to the charter or contract are
   accounts.
   

[Previous] [Next]