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Section 336.9-702 — Savings Clause.

336.9-702 SAVINGS CLAUSE. (a) Pre-effective date transactions or liens. Except as otherwise provided in this part, Laws 2000, chapter 399, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before Laws 2000, chapter 399, takes effect. (b) Continuing validity. Except as otherwise provided in […]

Section 336.9-703 — Security Interest Perfected Before Effective Date.

336.9-703 SECURITY INTEREST PERFECTED BEFORE EFFECTIVE DATE. (a) Continuing priority over lien creditor: perfection requirements satisfied. A security interest that is enforceable immediately before Laws 2000, chapter 399, takes effect and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under Laws […]

Section 336.9-704 — Security Interest Unperfected Before Effective Date.

336.9-704 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE. 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 […]

Section 336.9-705 — Effectiveness Of Action Taken Before Effective Date.

336.9-705 EFFECTIVENESS OF ACTION TAKEN BEFORE EFFECTIVE DATE. (a) Pre-effective date action; one-year perfection period unless reperfected. If action, other than the filing of a financing statement, is taken before Laws 2000, chapter 399, takes effect and the action would have resulted in priority of a security interest over the rights of a person that […]

Section 336.9-706 — When Initial Financing Statement Suffices To Continue Effectiveness Of Financing Statement.

336.9-706 WHEN INITIAL FINANCING STATEMENT SUFFICES TO CONTINUE EFFECTIVENESS OF FINANCING STATEMENT. (a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in section 336.9-501 continues the effectiveness of a financing statement filed before Laws 2000, chapter 399, takes effect if: (1) the filing of […]

Section 336.9-707 — Amendment Of Pre-effective Date Financing Statement.

336.9-707 AMENDMENT OF PRE-EFFECTIVE DATE FINANCING STATEMENT. (a) Pre-effective date financing statement. In this section, “pre-effective date financing statement” means a financing statement filed before Laws 2000, chapter 399, takes effect. (b) Applicable law. After Laws 2000, chapter 399, takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness […]

Section 336.9-709 — Priority.

336.9-709 PRIORITY. (a) Law governing priority. Laws 2000, chapter 399, determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before Laws 2000, chapter 399, takes effect, former article 9 determines priority. (b) Priority if security interests become enforceable under section 336.9-203. For purposes of section 336.9-322(a), […]