GroundRules
Utah Code § 70A-12a-304: Effectiveness of actions taken 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
(1) If action, other than the filing of a financing statement, is taken before May 6, 2026, and the action would have resulted in perfection of the security interest had the security interest become enforceable before May 6, 2026, the action is effective to perfect a security interest that attaches under this chapter before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under this chapter before the adjustment date.
(2) The filing of a financing statement before May 6, 2026, is effective to perfect a security interest on May 6, 2026, to the extent the filing would satisfy the requirements for perfection under this chapter.
(3) The taking of an action before May 6, 2026, is sufficient for the enforceability of a security interest on May 6, 2026, if the action would satisfy the requirements for enforceability under this chapter.
Collected 2026-09-03T11:34:34Z. Source file · JSON