{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-9-702","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 9-702","heading":"Savings Clause","body":"Section 9--702. Savings Clause.\n  (a) Pre-effective-date transactions or liens. Except as otherwise\nprovided in this part, Revised Article 9 applies to a transaction or\nlien within its scope, even if the transaction or lien was entered into\nor created before Revised Article 9 takes effect.\n  (b) Continuing validity. Except as otherwise provided in subsection\n(c) and Sections 9--703 through 9--709:\n       (1) transactions and liens that were not governed by Former\n           Article 9, were validly entered into or created before\n           Revised Article 9 takes effect, and would be subject to\n           Revised Article 9 if they had been entered into or created\n           after Revised Article 9 takes effect, and the rights, duties,\n           and interests flowing from those transactions and liens\n           remain valid after Revised Article 9 takes effect; and\n       (2) the transactions and liens may be terminated, completed,\n           consummated, and enforced as required or permitted by Revised\n           Article 9 or by the law that otherwise would apply if Revised\n           Article 9 had not taken effect.\n  (c) Pre-effective-date proceedings. Revised Article 9 does not affect\nan action, case, or proceeding commenced before Revised Article 9 takes\neffect.","path":["Uniform Commercial Code Law","Article 9. Secured Transactions","Part 7. Transition"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/9-702","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"e5a215cda4a172ba6669acb7ffcd880ad658223bf7c73ffc8a2afcdca01c9587","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-9-701","next":"us-ny/n.y.-uniform-commercial-code-law-9-703"},"notice":"GroundRules: Original legal text. Not legal advice."}