Louisiana § 10:13-303 Security interest unperfected before effective date

Louisiana Statutes

§ 10:13-303 — Security interest unperfected before effective date

Louisiana § 10:13-303

Title 10Commercial Laws

This text of Louisiana § 10:13-303 (Security interest unperfected before effective date) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 10:13-303 (2026).

Text

§13-303. Security interest unperfected before effective date A security interest that is enforceable immediately before August 1, 2024, but is unperfected at that time:

(1)remains an enforceable security interest until the adjustment date;

(2)remains enforceable thereafter if the security interest becomes enforceable under R.S. 10:9-203, as amended by this Act, on August 1, 2024, or before the adjustment date; and

(3)becomes perfected:

(A)without further action, on August 1, 2024, if the requirements for perfection under this Act are satisfied before or at that time; or

(B)when the requirements for perfection are satisfied if the requirements are satisfied after that time.

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§13-303. Security interest unperfected before effective date
A security interest that is enforceable immediately before August 1, 2024, but is
unperfected at that time:
(1) remains an enforceable security interest until the adjustment date;
(2) remains enforceable thereafter if the security interest becomes enforceable under
R.S. 10:9-203, as amended by this Act, on August 1, 2024, or before the adjustment date; and
(3) becomes perfected:
(A) without further action, on August 1, 2024, if the requirements for perfection
under this Act are satisfied before or at that time; or
(B) when the requirements for perfection are satisfied if the requirements are
satisfied after that time.