Sec. 45.29.804. Security interest unperfected before July 1, 2013.
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Sec. 45.29.804. Security interest unperfected before July 1, 2013.
A security interest that is an unperfected security interest on June 30, 2013, becomes a perfected security interest
(1)without further action on July 1, 2013, if the applicable requirements for perfection under AS 45.29.101 — 45.29.709, as those sections read on July 1, 2013, are satisfied on or before June 30, 2013; or
(2)when the applicable requirements for perfection are satisfied if the requirements are satisfied on or after July 1, 2013.