Code of Alabama - Title 7: Commercial Code - Article 11 - Effective Date and Transition Provisions

• Section 7-11-101 Effective date; definitions
  (1) This act shall become effective at 12:01 A.M. on February 1, 1982. (2) As used in this Article 11: (a) The term "old U.C.C."...
• Section 7-11-102 Preservation of old transition provision
  The provisions of Section 7-10-102 shall continue to apply to the new U.C.C. and for this purpose the old U.C.C. and new U.C.C. shall be...
• Section 7-11-103 Transition to new U.C.C. - General rule
  Transactions validly entered into after the effective date of the old U.C.C. and before February 1, 1982, and which were subject to the provisions of...
• Section 7-11-104 Transition provision on change of requirement of filing
  A security interest for the perfection of which filing or the taking of possession was required under the old U.C.C. and which attached prior to...
• Section 7-11-105 Transition provision on change of place of filing
  (1) A financing statement or continuation statement filed prior to February 1, 1982, which shall not have lapsed prior to February 1, 1982, shall remain...
• Section 7-11-106 Required refilings
  (1) If a security interest is perfected or has priority on February 1, 1982, as to all persons or as to certain persons without any...
• Section 7-11-107 Transition provisions as to priorities
  Except as otherwise provided in this Article 11, the old U.C.C. shall apply to any questions of priority if the positions of the parties were...
• Section 7-11-108 Presumption that rule of law continues unchanged
  Unless a change in law has clearly been made, the provisions of the new U.C.C. shall be deemed declaratory of the meaning of the old

Last modified: May 3, 2021