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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 28:9-704: Security interest unperfected before July 1, 2001.

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Where this section sits in the code
  1. Title 28. Commercial Instruments and Transactions. [Enacted title]
  2. Subtitle I. Uniform Commercial Code.
  3. Article 9. Secured Transactions.
  4. Part VII. Transition.

A security interest that is enforceable immediately before July 1, 2001 but which would be subordinate to the rights of a person that becomes a lien creditor at that time:

(1)

Remains an enforceable security interest for one year after July 1, 2001;

(2)

Remains enforceable thereafter if the security interest becomes enforceable under § 28:9-203 on July 1, 2001 or within one year thereafter; and

(3)

Becomes perfected:

(A)

Without further action, on July 1, 2001 if the applicable requirements for perfection under this article are satisfied before or at that time; or

(B)

When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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