{"data":{"id":"us-nd/n.d.-cent.-code-41-09-126","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 41-09-126","heading":"(9-704) Security interest unperfected before effective date","body":"A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:\n1.Remains an enforceable security interest until July 1, 2002;\n2.Remains enforceable thereafter if the security interest becomes enforceable under section 41-09-13 on July 1, 2001, or within one year thereafter; and\n3.Becomes perfected:\na.Without further action, on July 1, 2001, if the applicable requirements for perfection under this chapter are satisfied before or at that time; or\nb.When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.","path":["Title 41 Uniform Commercial Code","Chapter 41-09 Secured Transactions"],"source_url":"https://ndlegis.gov/cencode/t41c09.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"0fed0e1b8a2aa65aa3f7a9cd253ea5dd94d641bab9cc7d7998d2380f46f06d2e","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-41-09-125","next":"us-nd/n.d.-cent.-code-41-09-127"},"notice":"GroundRules: Original legal text. Not legal advice."}