Section 15-303 - [Effective 7/1/2025] Security interest unperfected before effective dateA security interest that is enforceable immediately before July 1, 2025 but is unperfected at that time:
(1). Remains an enforceable security interest until the adjustment date;(2). Remains enforceable thereafter if the security interest becomes enforceable under section 9-1203, as in effect on July 1, 2025, on July 1, 2025 or before the adjustment date; and(3). Becomes perfected: (a). Without further action, on July 1, 2025 if the requirements for perfection under this Title as in effect on July 1, 2025 are satisfied before or at that time; or(b). When the requirements for perfection under this Title are satisfied if the requirements are satisfied after that time.Added by 2024, c. 669,§ C-1, eff. 7/1/2025.