Security interest unperfected before effective date.

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  • (1) remains an enforceable security interest for one year after this act takes effect;
  • (2) remains enforceable thereafter if the security interest becomes enforceable under Section 70A-9a-203 when this act takes effect or within one year thereafter; and
  • (3) becomes perfected:
    • (a) without further action, when this act takes effect if the applicable requirements for perfection under this act are satisfied before or at that time; or
    • (b) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.




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