70A-11-104 - Transition provision on change of requirement of filing.

70A-11-104. Transition provision on change of requirement of filing.
A security interest for the perfection of which filing or the taking of possession wasrequired under the old Uniform Commercial Code and which attached prior to the effective dateof the corrected Uniform Commercial Code but was not perfected shall be deemed perfected onthe effective date of the corrected Uniform Commercial Code if the corrected UniformCommercial Code permits perfection without filing or authorizes filing in the office or officeswhere a prior ineffective filing was made.

Enacted by Chapter 272, 1977 General Session