Alabama Statutes
§ 7-9A-804 — Security Interest Unperfected Before Effective Date
A security interest that is an unperfected security interest immediately before July 1, 2014, becomes a perfected security interest:
(1)without further action, on July 1, 2014, if the applicable requirements for perfection under Article 9A as amended by Act 2014-374 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.
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Legislative History
(Act 2014-374, p. 1339, §2.)
Nearby Sections
15
§ 7-1-101
Short Titles§ 7-1-102
Scope of Article§ 7-1-104
Construction Against Implied Repeal§ 7-1-105
Severability§ 7-1-106
Use of Singular and Plural; Gender§ 7-1-107
Section Captions§ 7-1-109
Section Captions§ 7-1-201
General Definitions§ 7-1-202
Notice; Knowledge§ 7-1-204
Value§ 7-1-205
Reasonable Time; Seasonableness§ 7-1-206
Presumptions