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Washington Revised Code Title 62A. Uniform Commercial Code § 62A.12A-303. Security interest unperfected before effective date

Current as of April 06, 2022 | Updated by FindLaw Staff

A security interest that is enforceable immediately before January 1, 2024, but is unperfected at that time:

(a) Remains an enforceable security interest until the adjustment date;

(b) Remains enforceable thereafter if the security interest becomes enforceable under RCW 62A.9A-203, as amended by chapter 266, Laws of 2023, on January 1, 2024, or before the adjustment date; and

(c) Becomes perfected:

(1) Without further action, on January 1, 2024, if the requirements for perfection under chapter 266, Laws of 2023 are satisfied before or at that time; or

(2) When the requirements for perfection are satisfied if the requirements are satisfied after that time.

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Cite this article: FindLaw.com - Washington Revised Code Title 62A. Uniform Commercial Code § 62A.12A-303. Security interest unperfected before effective date - last updated April 06, 2022 | https://codes.findlaw.com/wa/title-62a-uniform-commercial-code/wa-rev-code-62a-12a-303/

Read this complete Washington Revised Code Title 62A. Uniform Commercial Code § 62A.12A-303. Security interest unperfected before effective date on Westlaw. Westlaw subscription required.

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