Current with changes from the 2024 3rd Extraordinary Session
Section 10:9-804 - Security interest unperfected before effective dateA security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest:
(1) without further action, when the Act takes effect if the applicable requirements for perfection under Chapter 9 as amended by the Act were satisfied before or at that time and remained satisfied at that time; or(2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time. Acts 2012, No. 450, §2, eff. 7/1/2013.