(1) Remains an enforceable security interest for one year after July 1, 2001;
(2) Remains enforceable after June 30, 2002, only if the security interest becomes enforceable under section 4-9-203 on or before June 30, 2002; and
(3) Becomes perfected:
(A) Without further action, on July 1, 2001, if the applicable requirements for perfection under this act are satisfied on or before July 1, 2001; or
(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after July 1, 2001.