Minnesota § 336.9-704 336.9-704 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.

Minnesota Statutes

§ 336.9-704 — 336.9-704 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.

Minnesota § 336.9-704

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.9-704 (336.9-704 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 336.9-704 (2026).

Text

A security interest that is enforceable immediately before Laws 2000, chapter 399, takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:

(1)remains an enforceable security interest for one year after Laws 2000, chapter 399, takes effect;

(2)remains enforceable thereafter if the security interest becomes enforceable under section336.9-203when Laws 2000, chapter 399, takes effect or within one year thereafter; and

(3)becomes perfected:

(A)without further action, when Laws 2000, chapter 399, takes effect if the applicable requirements for perfection under Laws 2000, chapter 399, are satisfied before or at that time; or

(B)when the applicable requirements for perfection are satisfied if the requirements are satisfied after that ti

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A security interest that is enforceable immediately before Laws 2000, chapter 399, takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) remains an enforceable security interest for one year after Laws 2000, chapter 399, takes effect;
(2) remains enforceable thereafter if the security interest becomes enforceable under section336.9-203when Laws 2000, chapter 399, takes effect or within one year thereafter; and
(3) becomes perfected:
(A) without further action, when Laws 2000, chapter 399, takes effect if the applicable requirements for perfection under Laws 2000, chapter 399, are satisfied before or at that time; or
(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.