Louisiana § 10:9-804 Security interest unperfected before effective date

Louisiana Statutes

§ 10:9-804 — Security interest unperfected before effective date

Louisiana·Title 10 Commercial Laws

A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest:

(1)without further action, when the Act takes effect if the applicable requirements for perfection under Chapter 9 as amended by the Act were satisfied before or at that time and remained satisfied 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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A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest:
(1) without further action, when the Act takes effect if the applicable requirements for perfection under Chapter 9 as amended by the Act were satisfied before or at that time and remained satisfied at that time; or
(2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

Louisiana § 10:9-804 (Security interest unperfected before effective date) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.