SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE
A security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:
(1) without further action, when this act takes effect on November 1, 2015, if the applicable requirements for perfection under Article 9 of the Uniform Commercial Code as amended by this act 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.
Added by Laws 2015, c. 374, § 20, eff. Nov. 1, 2015.