California Commercial Code

§ 9706

COM § 9706 Effective Jan 1, 2001Div. 9 · Ch. 7

Statute text

(a)The filing of an initial financing statement in the office specified in Section 9501 continues the effectiveness of a financing statement filed before July 1, 2001, if all of the following conditions are satisfied:

(1)The filing of an initial financing statement in that office would be effective to perfect a security interest under this division.

(2)The preeffective date financing statement was filed in an office in another state or another office in this state.

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Legislative history

Amended (as to be added by Stats. 1999, Ch. 991) by Stats. 2000, Ch. 135, Sec. 21. Effective January 1, 2001. Addition and amendment operative July 1, 2001, pursuant to Stats. 1999, Ch. 991, Sec. 75, and Section 9701.