US Lawyer Database

§ 11-9-709. Priority

Law governing priority.    This article determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former Article 9 of this title determines priority. Priority if security interest becomes enforceable under Code Section 11-9-203.    For purposes of subsection (a) of Code Section […]

§ 11-9-710. Exculpation

From July 1, 2001, until July 1, 2006, any search company shall not be liable to its customer as a result of failing to disclose the existence of a filed financing statement in any filing office or index maintained by the authority searched in good faith by such search company to the extent such failure […]

§ 11-9-802. Savings Clause

Pre-effective date transactions or liens.    Except as otherwise provided in this part, this article, as in effect on July 1, 2013, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013. Pre-effective date proceedings.    This article, as in effect […]

§ 11-9-803. Security Interest Perfected Before Effective Date

Continuing perfection; perfection requirements satisfied.    A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this article, as in effect on July 1, 2013, if, on July 1, 2013, the applicable requirements for attachment and perfection under this article, as in effect on July […]

§ 11-9-804. Security Interest Unperfected Before Effective Date

A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest: Without further action, on July 1, 2013, if the applicable requirements for perfection under this article, as in effect on July 1, 2013, are satisfied before or at that time; or When the applicable requirements for […]

§ 11-9-805. Effectiveness of Action Taken Before Effective Date

Pre-effective date filing effective.    The filing of a financing statement before July 1, 2013, is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this article, as in effect on July 1, 2013. When pre-effective date filing becomes ineffective.    Changes made to this […]

§ 11-9-807. Amendment of Pre-Effective Date Financing Statement

“Pre-effective date financing statement.”   As used in this Code section, the term “pre-effective date financing statement” means a financing statement filed before July 1, 2013. Applicable law.    On or after July 1, 2013, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information […]

§ 11-9-701. Effective Date

This article takes effect on July 1, 2001. History. Code 1981, § 11-9-701 , enacted by Ga. L. 2001, p. 362, § 1.