"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, investment property, rights to proceeds of written letters of credit, 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.
[C58, 62, § 539.12; C66, 71, 73, 75, 77, 79, 81, § 554.9106]
96 Acts, ch 1026, § 25, 28; 96 Acts, ch 1138, § 63, 84
Referred to in § 15E.91, 16.26, 16A.9, 554.9105, 554.13103
1996 amendment by 96 Acts, ch 1138, § 63 takes effect July 1, 1997; 96 Acts, ch 1138, § 84; for provisions governing the continued perfection of security interests that are perfected as of July 1, 1997, see 96 Acts, ch 1138, § 80, 84; for law prior to July 1, 1997, see Code 1995
1996 amendment by 96 Acts, ch 1026, § 25 applies to letters of credit issued on or after July 1, 1996; see 96 Acts, ch 1026, § 28; for law applicable to letters of credit issued prior to July 1, 1996, see Code 1995
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