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§ 47-9801 – Savings clause

47-9801. Savings clause A. Except as otherwise provided in this chapter, as amended in 2014, this chapter, as amended in 2014, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before the effective date of this section. B. This chapter, as amended in 2014, […]

§ 47-9802 – Security interest perfected before effective date

47-9802. Security interest perfected before effective date A. A security interest that is a perfected security interest immediately before the effective date of this section is a perfected security interest under this chapter, as amended in 2014, if, on the effective date of this section, the applicable requirements for attachment and perfection under this chapter, […]

§ 47-9803 – Security interest unperfected before effective date

47-9803. Security interest unperfected before effective date A security interest that is an unperfected security interest immediately before the effective date of this section becomes a perfected security interest: 1. Without further action, on the effective date of this section if the applicable requirements for perfection under this chapter, as amended in 2014, are satisfied […]

§ 47-9804 – Effectiveness of action taken before effective date

47-9804. Effectiveness of action taken before effective date A. The filing of a financing statement before the effective date of this section is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter, as amended in 2014. B. This chapter, as amended in 2014, […]

§ 47-9806 – Amendment of pre-effective date financing statement; definition

47-9806. Amendment of pre-effective date financing statement; definition A. In this section, " pre-effective date financing statement" means a financing statement filed before the effective date of this section. B. Beginning on the effective date of this section, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise […]

§ 47-9808 – Priority

47-9808. Priority This chapter, as amended in 2014, determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the effective date of this section, this chapter, as added in 1999, determines priority.