N.Y. Uniform Commercial Code Law § 12-a-201: Saving Clause

Section 12-A-201. Saving Clause.

Except as provided in Part 3, a transaction validly entered into

before the effective date of this article and the rights, duties, and

interests flowing from the transaction remain valid thereafter and may

be terminated, completed, consummated, or enforced as required or

permitted by law other than the Uniform Commercial Code or, if

applicable, the Uniform Commercial Code as though the UCC Revision Act

had not taken effect.