{"data":{"id":"us-ar/ark.-code-ann.-4-9-704","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-9-704","heading":"Security interest unperfected before effective date.","body":"A security interest that is enforceable immediately before this act takes effect on July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:\n(1) remains an enforceable security interest for one (1) year after this act takes effect;\n(2) remains enforceable thereafter if the security interest becomes enforceable under § 4-9-203 when this act takes effect or within one (1) year thereafter; and\n(3) becomes perfected:\n(A) without further action, when this act takes effect if the applicable requirements for perfection under this act are satisfied before or at that time; or\n(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 9 Secured Transactions","Part 7 — Transition"],"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":"137c7d57d60b08e7d55e7826ef3cd50f5e0ad55ed45e705d6dfeea2d33a6a22a","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-9-703","next":"us-ar/ark.-code-ann.-4-9-705"},"notice":"GroundRules: Original legal text. Not legal advice."}
