{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-9-704","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 9-704","heading":"Security Interest Unperfected Before Effective Date","body":"Section 9--704. Security Interest Unperfected Before Effective Date.\n  A security interest that is enforceable immediately before Revised\nArticle 9 takes effect but which would be subordinate to the rights of a\nperson that becomes a lien creditor at that time:\n  (a) remains an enforceable security interest for one year after\nRevised Article 9 takes effect;\n  (b) remains enforceable thereafter if the security interest becomes\nenforceable under Section 9--203 when Revised Article 9 takes effect or\nwithin one year thereafter; and\n  (c) becomes perfected:\n       (1) without further action, when Revised Article 9 takes effect\n           if the applicable requirements for perfection under Revised\n           Article 9 are satisfied before or at that time; or\n       (2) when the applicable requirements for perfection are satisfied\n           if the requirements are satisfied after that time.","path":["Uniform Commercial Code Law","Article 9. Secured Transactions","Part 7. Transition"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/9-704","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"7d6ddfbad70e99fc5da369c1188e721e12faeeccd556bd7a6bb57103b8814d5a","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-9-703","next":"us-ny/n.y.-uniform-commercial-code-law-9-705"},"notice":"GroundRules: Original legal text. Not legal advice."}