382-A:13-303 Security Interest Unperfected Before Effective Date. –
A security interest that is enforceable immediately before the effective date of this Article but which would be unperfected at that time:
(1) remains an enforceable security interest until January 1, 2025;
(2) remains enforceable thereafter if the security interest becomes enforceable under Section 9-203 on the effective date of this Article or before January 1, 2025; and
(3) becomes perfected:
(A) without further action, on the effective date of this Article if the applicable requirements for perfection under this Article are satisfied before or at that time; or
(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
Source. 2022, 281:81, eff. Jan. 1, 2023.