Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by FindLaw Staff
(1) A financing statement or continuation statement filed prior to the effective date of Revised Article 9 which shall not have lapsed prior to the effective date of Revised Article 9 shall remain effective for the period provided in Original Article 9, but not less than five years after the filing.
(2) With respect to any collateral acquired by the debtor subsequent to the effective date of Revised Article 9, any effective financing statement or continuation statement described in this section shall apply only if the filing or filings are in the office or offices that would be appropriate to perfect the security interests in the new collateral under Revised Article 9.
(3) The effectiveness of any financing statement or continuation statement filed prior to the effective date of Revised Article 9 may be continued by a continuation statement as permitted by Revised Article 9, except that if Revised Article 9 requires a filing in an office where there was no previous financing statement, a new financing statement conforming to Section 11-106 shall be filed in that office.
(4) If the record of a mortgage of real estate would have been effective as a fixture filing of goods described therein if Revised Article 9 had been in effect on the date of recording the mortgage, the mortgage shall be deemed effective as a fixture filing as to such goods under subsection (6) of Section 9-402 of Revised Article 9 on the effective date of Revised Article 9.
Cite this article: FindLaw.com - New York Consolidated Laws, Uniform Commercial Code - UCC § 11-105. Transition Provision on Change of Place of Filing - last updated January 01, 2024 | https://codes.findlaw.com/ny/uniform-commercial-code/ucc-sect-11-105/
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 or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)