{"data":{"id":"us-dc/d.c.-code-28-12-203","jurisdiction":"us-dc","citation":"D.C. Code § 28:12-203","heading":"Security interest perfected before April 20, 2024.","body":"(a)\nA security interest that is enforceable and perfected immediately before April 20, 2024 is a perfected security interest under the 2024 Act if, on April 20, 2024, the requirements for enforceability and perfection under the 2024 Act are satisfied without further action.\n\n(b)\nIf a security interest is enforceable and perfected immediately before April 20, 2024, but the requirements for enforceability or perfection under the 2024 Act are not satisfied on April 20, 2024, the security interest:\n(1)\nIs a perfected security interest until the earlier of the time perfection would have ceased under the law in effect immediately before April 20, 2024 or the adjustment date;\n(2)\nRemains enforceable thereafter only if the security interest satisfies the requirements for enforceability under § 28:9-203, as amended by the 2024 Act, before the adjustment date; and\n(3)\nRemains perfected thereafter only if the requirements for perfection under the 2024 Act are satisfied before the time specified in paragraph (1) of this subsection.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 12. Controllable Electronic Records.","Part 2. Transitional Provisions for Articles 9 and 12."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:12-203","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"3b7a2f032b5929cc7b0c02c40be48fbac8679e337b07d109dc85305376472a3e","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-12-202","next":"us-dc/d.c.-code-28-12-204"},"notice":"GroundRules: Original legal text. Not legal advice."}
