47-9802. Security interest perfected before effective date
A. A security interest that is a perfected security interest immediately before the effective date of this section is a perfected security interest under this chapter, as amended in 2014, if, on the effective date of this section, the applicable requirements for attachment and perfection under this chapter, as amended in 2014, are satisfied without further action.
B. Except as otherwise provided in section 47-9804, if, immediately before the effective date of this section, a security interest is a perfected security interest, but the applicable requirements for perfection under this chapter, as amended in 2014, are not satisfied on the effective date of this section, the security interest remains perfected thereafter only if the applicable requirements for perfection under this chapter, as amended in 2014, are satisfied within one year after the effective date of this section.
Section: Previous 47-9704 47-9705 47-9706 47-9707 47-9708 47-9709 47-9801 47-9802 47-9803 47-9804 47-9805 47-9806 47-9807 47-9808 47-10101 NextLast modified: October 13, 2016