30-9A-804. Security interest unperfected before effective date. A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:
(1) without further action on July 1, 2013, if the applicable requirements for perfection under this chapter 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.
History: En. Sec. 20, Ch. 75, L. 2013.