{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-12-a-303","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 12-a-303","heading":"Security Interest Unperfected Before Effective Date","body":"Section 12-A-303. Security Interest Unperfected Before Effective Date.\n  A security interest that is enforceable immediately before the\neffective date of the UCC Revision Act but is unperfected at that time:\n  (1) remains an enforceable security interest until the adjustment\ndate;\n  (2) remains enforceable thereafter if the security interest becomes\nenforceable under Section 9--203, as amended by the UCC Revision Act, on\nthe effective date of the UCC Revision Act or before the adjustment\ndate; and\n  (3) becomes perfected:\n  (A) without further action, on the effective date of the UCC Revision\nAct if the requirements for perfection under the revised UCC are\nsatisfied before or at that time; or\n  (B) when the requirements for perfection are satisfied if the\nrequirements are satisfied after that time.","path":["Uniform Commercial Code Law","Article 12-A. Transitional Provisions For Uniform Commercial Code Amendments","Part 3. Transitional Provisions For Articles 9 and 12"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/12-A-303","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"c25c446f522e0f1de2e11ced69bbe1f783f3938c9be77b22ccc9cef75a7ffba8","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-12-a-302","next":"us-ny/n.y.-uniform-commercial-code-law-12-a-304"},"notice":"GroundRules: Original legal text. Not legal advice."}