Alabama Statutes

§ 7-9A-803 — Security Interest Perfected Before July 1, 2014

Alabama·Title 7 Commercial Code·Art. 9A Secured Transactions·Part 8 Transition for 2014 Amendments
(a)Continuing perfection: perfection requirements satisfied. A security interest that is a perfected security interest immediately before July 1, 2014, is a perfected security interest under Article 9A as amended by Act 2014-374 if, when Act 2014-374 takes effect, the applicable requirements for attachment and perfection under Article 9A as amended by Act 2014-374 are satisfied without further action.
(b)Continuing perfection: perfection requirements not satisfied. Except as otherwise provided in Section 7-9A-805, if, immediately before July 1, 2014, a security interest is a perfected security interest, but the applicable requirements for perfection under Article 9A as amended by Act 2014-374 are not satisfied before July 1, 2014, the security interest remains perfected thereafter only i

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Legislative History

(Act 2014-374, p. 1339, §2.)

Nearby Sections

15
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