Security Interest Unperfected Before Effective Date
Checkout our iOS App for a better way to browser and research.
A security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:
Without further action, when this act takes effect if the applicable requirements for perfection under this chapter as amended by this act are satisfied before or at that time; or
When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.