Section 802 – Security interest perfected before effective date.
70A-9a-802. Security interest perfected before effective date. (1) A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this chapter as amended by Laws of Utah 2013, Chapter 225 if, when Laws of Utah 2013, Chapter 225 takes effect, the applicable requirements for attachment and […]
Section 803 – Security interest unperfected before effective date.
70A-9a-803. Security interest unperfected before effective date. A security interest that is an unperfected security interest immediately before Laws of Utah 2013, Chapter 225 takes effect becomes a perfected security interest: (1) without further action, when Laws of Utah 2013, Chapter 225 takes effect if the applicable requirements for perfection under this chapter as amended […]
Section 804 – Effectiveness of action taken before effective date.
70A-9a-804. Effectiveness of action taken before effective date. (1) The filing of a financing statement before Laws of Utah 2013, Chapter 225 takes effect is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter as amended by Laws of Utah 2013, Chapter 225. […]
Section 805 – When initial financing statement suffices to continue effectiveness of financing statement.
70A-9a-805. When initial financing statement suffices to continue effectiveness of financing statement. (1) The filing of an initial financing statement in the office specified in Section 70A-9a-501 continues the effectiveness of a financing statement filed before Laws of Utah 2013, Chapter 225 takes effect if: (a) the filing of an initial financing statement in that […]
Section 806 – Amendment of pre-effective-date financing statement.
70A-9a-806. Amendment of pre-effective-date financing statement. (1) In this section, “pre-effective-date financing statement” means a financing statement filed before Laws of Utah 2013, Chapter 225 takes effect. (2) After Laws of Utah 2013, Chapter 225 takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend […]
Section 807 – Person entitled to file initial financing statement or continuation statement.
70A-9a-807. Person entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this part if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this part: (a) to continue the effectiveness of a financing statement filed […]
Section 808 – Priority.
70A-9a-808. Priority. Laws of Utah 2013, Chapter 225 determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before Laws of Utah 2013, Chapter 225 takes effect, this chapter as it existed before amendment determines priority. Revisor instructions Chapter 225, 2013 General SessionEnacted by Chapter 225, 2013 […]
Section 708 – Persons entitled to file initial financing statement or continuation statement.
70A-9a-708. Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this part if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this part: (a) to continue the effectiveness of a financing statement filed […]
Section 709 – Priority.
70A-9a-709. Priority. (1) This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this act takes effect, former Chapter 9, Secured Transactions – Sales of Accounts, Contract Rights and Chattel Paper, determines priority. (2) For purposes of Subsection 70A-9a-322(1), the priority of a security […]
Section 801 – Savings clause.
70A-9a-801. Savings clause. (1) Except as otherwise provided in this part, Laws of Utah 2013, Chapter 225 applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013. (2)Laws of Utah 2013, Chapter 225 does not affect an action, case, or proceeding […]