GroundRules
← Search the law
North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 41-11-06: (A-303) Security interest unperfected before effective date

Read at publisher ↗
Where this section sits in the code
  1. Title 41 Uniform Commercial Code
  2. Chapter 41-11 Transitional Provisions For Uniform Commercial Code Amendments (2022)

A security interest that is enforceable immediately before August 1, 2023, but is unperfected at that time:

1.Remains an enforceable security interest until the adjustment date;

2.Remains enforceable thereafter if the security interest becomes enforceable under section 41-09-13, as amended by this Act, on August 1, 2023, or before the adjustment date; and

3.Becomes perfected:

a.Without further action, on August 1, 2023, if the requirements for perfection under this Act are satisfied before or at that time; or

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

Collected 2026-09-02T21:04:14Z. Source file · JSON

Browse this collection