US Lawyer Database

Section 57A-9-709 – Determination of priority of conflicting claims to collateral–Dating priority of security interest.

57A-9-709. Determination of priority of conflicting claims to collateral–Dating priority of security interest. (a) This chapter determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former chapter 57A-9 determines priority. (b) For purposes of §57A-9-322(a), the priority of a security interest that […]

Section 57A-9-802 – Savings clause.

57A-9-802. Savings clause. (a) Except as otherwise provided in this part, SL 2012, ch 238 applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013. (b) SL 2012, ch 238 does not affect an action, case, or proceeding commenced before July […]

Section 57A-9-803 – Security interest perfected before effective date.

57A-9-803. Security interest perfected before effective date. (a) A security interest that is a perfected security interest immediately before July 1, 2013 is a perfected security interest under chapter 57A-9 as amended by SL 2012, ch 238 if, on July 1, 2013, the applicable requirements for attachment and perfection under chapter 57A-9 as amended by […]

Section 57A-9-804 – Security interest unperfected before effective date.

57A-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: (1)Without further action, on July 1, 2013 if the applicable requirements for perfection under chapter-57A-9 as amended by SL 2012, ch 238 are satisfied before or at that time; […]

Section 57A-9-805 – Effectiveness of action taken before effective date.

57A-9-805. Effectiveness of action taken before effective date. (a) 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 chapter 57A-9 as amended by SL 2012, ch 238. (b) SL 2012, ch 238 does not […]

Section 57A-9-807 – Amendment of pre-effective-date financing statement.

57A-9-807. Amendment of pre-effective-date financing statement. (a) In this section, “pre-effective-date financing statement” means a financing statement filed before July 1, 2013. (b) After SL 2012, ch 238 takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing […]