{"data":{"id":"us-ar/ark.-code-ann.-4-8-603","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-8-603","heading":"Savings clause.","body":"(a) This chapter does not affect an action or proceeding commenced before this chapter takes effect.\n(b) If a security interest in a security is perfected on or before the date this chapter takes effect, and the action by which the security interest was perfected would suffice to perfect a security interest under this chapter, no further action is required to continue perfection. If a security interest in a security is perfected on or before the date this chapter takes effect but the action by which the security interest was perfected would not suffice to perfect a security interest under this chapter, the security interest remains perfected for a period of four (4) months after the effective date and continues perfected thereafter if appropriate action to perfect under this chapter is taken within that period. If a security interest is perfected at the date this chapter takes effect and the security interest can be perfected by filing under this chapter, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 8 Investment Securities","Part 6 — Applicability"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"ffee5fa1b53221178849e7faffbe9888291d598b17f9f992db04b30e545ba6d3","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-8-511","next":"us-ar/ark.-code-ann.-4-9-101"},"notice":"GroundRules: Original legal text. Not legal advice."}