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Code · Delaware · Title 6 — Commerce and Trade · Chapter 9

§ 9-804. Security interest unperfected before effective date.

68 words·~1 min read·/de/title-6/chapter-9/9-804

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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 if the applicable requirements for perfection under Article 9 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.
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