SECTION 679.704. Security interest unperfected before effective date.

Latest version.

1A security interest that is enforceable immediately before this act takes effect but that would be subordinate to the rights of a person who becomes a lien creditor at that time:
32(1) 33Remains an enforceable security interest for 1 year after this act takes effect;
46(2) 47Remains enforceable thereafter if the security interest becomes enforceable under former s. 59679.203 60when this act takes effect or within 1 year thereafter; and
71(3) 72Becomes perfected:
74(a) 75Without further action when this act takes effect if the applicable requirements for perfection under this act are satisfied before or at that time; or
100(b) 101When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

History.-s. 8, ch. 2001-198; s. 102, ch. 2003-1.

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