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Code · New Jersey · Title 12A — Commercial Transactions · Chapter 9

12A:9-804. Security interest unperfected before effective date.

77 words·~1 min read·/nj/title-12a/chapter-9/12a-9-804

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

Security Interest Unperfected Before Effective Date.
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 Chapter 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.
L.2013, c.65, s.30.
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