§9-804. Security interest unperfected before effective date
A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest:
(1) without further action, when the Act takes effect if the applicable requirements for perfection under Chapter 9 as amended by the Act were satisfied before or at that time and remained satisfied at that time; or
(2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
Acts 2012, No. 450, §2, eff. July 1, 2013.
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