Idaho Statutes

§ 28-9-804 — SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 8. TRANSITION PROVISIONS FOR 2011 AMENDMENTS·Ch. 9 SECURED TRANSACTIONS

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 this chapter 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.

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Legislative History

[28-9-804, added 2012, ch. 145, sec. 20, p. 410.]

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