Montana § 30-9A-704 Security Interest Unperfected Before July 1, 2001

Montana Statutes

§ 30-9A-704 — Security Interest Unperfected Before July 1, 2001

Montana § 30-9A-704

Title 30TRADE AND COMMERCE

Ch. 9AUNIFORM COMMERCIAL CODE SECURED TRANSACTIONS

Part 71999 Transition

This text of Montana § 30-9A-704 (Security Interest Unperfected Before July 1, 2001) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-9A-704 (2026).

Text

30-9A-704 . Security interest unperfected before July 1, 2001. A security interest that is enforceable immediately before July 1, 2001, but that is subordinate to the rights of a person that becomes a lien creditor at that time:

(1)remains an enforceable security interest for 1 year after July 1, 2001;

(2)remains enforceable thereafter if the security interest becomes enforceable under 30-9A-203 on July 1, 2001, or within 1 year thereafter; and

(3)becomes perfected:

(a)without further action, on July 1, 2001, if the applicable requirements for perfection under this chapter 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.

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30-9A-704 . Security interest unperfected before July 1, 2001. A security interest that is enforceable immediately before July 1, 2001, but that is subordinate to the rights of a person that becomes a lien creditor at that time:
(1) remains an enforceable security interest for 1 year after July 1, 2001;
(2) remains enforceable thereafter if the security interest becomes enforceable under 30-9A-203 on July 1, 2001, or within 1 year thereafter; and
(3) becomes perfected:
(a) without further action, on July 1, 2001, if the applicable requirements for perfection under this chapter 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.