Security interest unperfected before effective date.
12A:9-804. Security interest unperfected before effective date.
12A:9-804. 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 if the applicable requirements for perfection under Chapter 9 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.
L.2013, c.65, s.30.
This is the verbatim text of N.J.S.A. 12A:9-804, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.