§12A-1-9-804. Security interest unperfected before effective date.
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/ok/title-12a-uniform-commercial-code/12a-1-9-804·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 on November 1, 2015, if the applicable requirements for perfection under Article 9 of the Uniform Commercial Code 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. Added by Laws 2015, c. 374, § 20, eff. Nov. 1, 2015.