Connecticut General Statutes Title 42A. Uniform Commercial Code § 42a-9-703 § 42a-9-703. Security interest perfected before October 1, 2001

(a) A security interest that is enforceable immediately before October 1, 2001 and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under public act 01-132  1 if, on October 1, 2001, the applicable requirements for enforceability and perfection under public act 01-132 are satisfied without further action.

(b) Except as otherwise provided in section 42a-9-705, if, immediately before October 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under public act 01-132 are not satisfied on October 1, 2001, the security interest: