GroundRules
Utah Code § 70A-12a-303: Security interest unperfected before effective date.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-12a Uniform Commercial Code - Transitional Provisions For Uniform Commercial Code Amendments (2022)
- Part 70A-12a-3 Transitional Provisions For Chapter 9a, Uniform Commercial Code - Secured Transactions And Chapter 12, Uniform Commercial Code - Controllable Electronic Records
A security interest that is enforceable immediately before May 6, 2026, 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 70A-9a-203, as amended by this chapter, on May 6, 2026, or before the adjustment date; and
(3) becomes perfected:
(a) without further action, on May 6, 2026, if the requirements for perfection under this chapter 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 2026-09-03T11:34:34Z. Source file · JSON