This Act shall become effective at 12:01 A.M. on July 1, 1978.
(Code 1933, § 109A-11 - 101, enacted by Ga. L. 1978, p. 1081, § 8; Ga. L. 1980, p. 443, § 7; Ga. L. 2015, p. 996, § 3B-19/SB 65.)
The 2015 amendment, effective January 1, 2016, substituted the present provisions of this Code section for the former provisions, which read: "(1) This Act shall become effective at 12:01 A.M. on July 1, 1978.
"(2) As used in this article:
"(a) 'Old Article 9 of this title' means Code Sections 11-1-105, 11-1-201(9), 11-1-201(37), 11-2-107, 11-5-116, and Article 9 of this title, as they are in effect on June 30, 1978, immediately prior to the effective date of this Act.
"(b) 'Revised Article 9 of this title' means Code Sections 11-1-105, 11-1-201(9), 11-1-201(37), 11-1-209, 11-2-107, 11-5-116, and Article 9 of this title as said provisions are enacted pursuant to this Act."
Editor's notes.- The term "this Act," which appears in this section, refers to Ga. L. 1978, p. 1081, which revised Article 9 of this title, added this article, and made other conforming changes in this title.
Ga. L. 2015, p. 996, § 1-1/SB 65, not codified by the General Assembly, provides: "(a) This Act shall be known and may be cited as the 'Debtor-Creditor Uniform Law Modernization Act of 2015.'
"(b) To promote consistency among the states, it is the intent of the General Assembly to modernize certain existing uniform laws promulgated by the Uniform Law Commission affecting debtor and creditor rights, responsibilities, and relationships and other federally recognized laws affecting such rights, responsibilities, and relationships."