Texas Business & Commerce Code

§ 9.806 — WHEN INITIAL FINANCING STATEMENT SUFFICES TO CONTINUE EFFECTIVENESS OF FINANCING STATEMENT

BC § 9.806Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. H. TRANSITION PROVISIONS FOR 2013 AMENDMENTS

Statute text

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(a)The filing of an initial financing statement in the office specified in Section 9.501 continues the effectiveness of a financing statement filed before July 1, 2013, if:

(1)the filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter, as amended by the 2013 amendments;

(2)the pre-effective-date financing statement was filed in an office in another state; and

(3)the initial financing statement satisfies Subsection (c).

(b)The filing of an initial financing statement under Subsection (a) continues the effectiveness of the pre-effective-date financing statement:

(1)if the initial financing statement is filed before July 1, 2013, for the period provided in unamended Section 9.515 with respect to an initial financing statement; and

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Legislative history

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