§15-201. Savings clause
78 words·~1 min read·
/me/title-11-uniform-commercial-code/15-201A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as provided in part 3, a transaction validly entered into before July 1, 2025 and the rights, duties and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated or enforced as required or permitted by law other than the Uniform Commercial Code or, if applicable, the Uniform Commercial Code in effect prior to July 1, 2025. [PL 2023, c. 669, Pt. C, §1 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]