N.D. Cent. Code § 41-11-06: (A-303) Security interest unperfected before effective date
Where this section sits in the code
- Title 41 Uniform Commercial Code
- 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