GEORGIA CODE (Last Updated: August 20, 2013) |
Title 11. COMMERCIAL CODE |
Article 9. SECURED TRANSACTIONS |
Part 8. 2013 TRANSITION |
Section 11-9-804. Security interest unperfected before effective date.
Latest version.
- A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:
(1) Without further action, on July 1, 2013, if the applicable requirements for perfection under this article, as in effect on July 1, 2013, are satisfied before or at that time; or
(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
Code 1981, § 11-9-804, enacted by Ga. L. 2013, p. 690, § 20/SB 185.