Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 84-9-704 - Security interest unperfected before effective dateA security interest that is enforceable immediately before this act takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) Remains an enforceable security interest for one year after this act takes effect;(2) remains enforceable thereafter if the security interest becomes enforceable under K.S.A. 2023 Supp. 84-9-203, and amendments thereto, when this act takes effect or within one year thereafter; and(3) becomes perfected: (A) Without further action, when this act takes effect if the applicable requirements for perfection under this act are satisfied before or at that time; or(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time. L. 2000, ch. 142, § 129; 7/1/2001.