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Texas Business & Commerce Code

§ 9.804 — SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE

BC § 9.804Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. H. TRANSITION PROVISIONS FOR 2013 AMENDMENTS

Statute text

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A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:
(1)without further action, when the 2013 amendments take effect if the applicable requirements for perfection under this chapter, as amended by the 2013 amendments, are satisfied before or at that time; or
(2)when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 67 (S.B. 782), Sec. 18, eff. July 1, 2013.

Source: Texas Business & Commerce Code § 9.804 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.