Ohio § 1309.704 Security interest unperfected before effective date - UCC 9-704

Ohio Statutes

§ 1309.704 — Security interest unperfected before effective date - UCC 9-704

Ohio § 1309.704

Title 13Commercial Transactions

Ch. 1309Secured Transactions

This text of Ohio § 1309.704 (Security interest unperfected before effective date - UCC 9-704) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1309.704 (2026).

Text

A security interest that is enforceable immediately before July 1, 2001, but that would be subordinate to the rights of a person that becomes a lien creditor at that time:

(A)Remains an enforceable security interest until July 1, 2002;

(B)Remains enforceable after July 1, 2002, if the security interest becomes enforceable under section1309.203of the Revised Code on July 1, 2001, or by July 1, 2002; and

(C)Becomes perfected:

(1)Without further action on July 1, 2001, if the applicable requirements for perfection under this chapter are satisfied before or on that date; or

(2)When the applicable requirements for perfection are satisfied if the requirements are satisfied after July 1, 2001.

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A security interest that is enforceable immediately before July 1, 2001, but that would be subordinate to the rights of a person that becomes a lien creditor at that time:

(A) Remains an enforceable security interest until July 1, 2002;

(B) Remains enforceable after July 1, 2002, if the security interest becomes enforceable under section1309.203of the Revised Code on July 1, 2001, or by July 1, 2002; and

(C) Becomes perfected:

(1) Without further action on July 1, 2001, if the applicable requirements for perfection under this chapter are satisfied before or on that date; or

(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after July 1, 2001.