Current through the 2024 Regular Session
Section 28-9-804 - SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATEA security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:
(1) Without further action, when this act takes effect if the applicable requirements for perfection under this chapter as amended by this act are satisfied before or at that time; or(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.[28-9-804, added 2012, ch. 145, sec. 20, p. 410.]Added by 2012 Session Laws, ch. 145,sec. 20, eff. 7/1/2013.