Section 336.0A-301 - [Effective 8/1/2024] SAVING CLAUSE(a) Pre-effective-date transaction, lien, or interest. Except as provided in this part, article 9, as amended by this act, and article 12 apply to a transaction, lien, or other interest in property, even if the transaction, lien, or interest was entered into, created, or acquired before August 1, 2024.(b) Continuing validity. Except as provided in subsection (c) and sections 336.0A-302 to 336.0A-306: (1) a transaction, lien, or interest in property that was validly entered into, created, or transferred before August 1, 2024, and was not governed by this chapter, but would be subject to article 9, as amended by this act, or Article 12 if it had been entered into, created, or transferred on or after August 1, 2024, including the rights, duties, and interests flowing from the transaction, lien, or interest, remains valid on and after August 1, 2024; and(2) the transaction, lien, or interest may be terminated, completed, consummated, and enforced as required or permitted by this act or by the law that would apply if this act had not taken effect.(c) Pre-effective-date proceeding. This act does not affect an action, case, or proceeding commenced before August 1, 2024.Added by 2024 Minn. Laws, ch. 93,s 11-4, eff. 8/1/2024.