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Kansas Statutes Chapter 84. Uniform Commercial Code § 84-9-704. Security interest unperfected before effective date

Current as of January 01, 2025 | Updated by Findlaw Staff

A security interest that is enforceable immediately before this act takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:

(1) Remains an enforceable security interest for one year after this act takes effect;

(2) remains enforceable thereafter if the security interest becomes enforceable under K.S.A. 84-9-203, and amendments thereto, when this act takes effect or within one year thereafter; and

(3) becomes perfected:

(A) Without further action, when this act takes effect if the applicable requirements for perfection under this act are satisfied before or at that time; or

(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

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Cite this article: FindLaw.com - Kansas Statutes Chapter 84. Uniform Commercial Code § 84-9-704. Security interest unperfected before effective date - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-84-uniform-commercial-code/ks-st-sect-84-9-704/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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