New York § 12-A-303 Security Interest Unperfected Before Effective Date

New York Statutes

§ 12-A-303 — Security Interest Unperfected Before Effective Date

New York § 12-A-303

Law UCCUniform Commercial Code

Part 3Transitional Provisions For Articles 9 and 12

Art. 12-ATransitional Provisions For Uniform Commercial Code Amendments

This text of New York § 12-A-303 (Security Interest Unperfected Before Effective Date) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 12-A-303 (2026).

Text

* Section 12-A-303. Security Interest Unperfected Before Effective Date.\n  A security interest that is enforceable immediately before the\neffective date of the UCC Revision Act but is unperfected at that time:\n  (1) remains an enforceable security interest until the adjustment\ndate;\n  (2) remains enforceable thereafter if the security interest becomes\nenforceable under Section 9--203, as amended by the UCC Revision Act, on\nthe effective date of the UCC Revision Act or before the adjustment\ndate; and\n  (3) becomes perfected:\n  (A) without further action, on the effective date of the UCC Revision\nAct if the requirements for perfection under the revised UCC are\nsatisfied before or at that time; or\n  (B) when the requirements for perfection are satisfied if the\nrequirements are s

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* Section 12-A-303. Security Interest Unperfected Before Effective Date.\n A security interest that is enforceable immediately before the\neffective date of the UCC Revision Act but is unperfected at that time:\n (1) remains an enforceable security interest until the adjustment\ndate;\n (2) remains enforceable thereafter if the security interest becomes\nenforceable under Section 9--203, as amended by the UCC Revision Act, on\nthe effective date of the UCC Revision Act or before the adjustment\ndate; and\n (3) becomes perfected:\n (A) without further action, on the effective date of the UCC Revision\nAct if the requirements for perfection under the revised UCC are\nsatisfied before or at that time; or\n (B) when the requirements for perfection are satisfied if the\nrequirements are satisfied after that time.\n * NB Effective June 3, 2026\n