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California · Through 2026-09-13

COM § 8603

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Where this section sits in the code
  1. Commercial Code - COM
  2. DIVISION 8. INVESTMENT SECURITIES [8101. - 8603.]
  3. CHAPTER 6. Transition Provisions [8601. - 8603.]

(a) This division does not affect an action or proceeding commenced before this division becomes operative.

(b) If a security interest in a security is perfected at the date this division becomes operative, and the action by which the security interest was perfected would suffice to perfect a security interest under this division, no further action is required to continue perfection. If a security interest in a security is perfected at the date this division takes effect but the action by which the security interest was perfected would not suffice to perfect a security interest under this division, the security interest remains perfected for a period of four months after the operative date and continues perfected thereafter if appropriate action to perfect under this division is taken within that period. If a security interest is perfected at the date this division becomes operative and the security interest can be perfected by filing under Division 9 (commencing with Section 9101), a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect and that financing statement shall contain a statement that it is being filed pursuant to this section.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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