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Current as of January 01, 2024 | Updated by FindLaw Staff
A security interest that is enforceable immediately before this article 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 two years after this article takes effect;
(2) Remains enforceable thereafter if the security interest becomes enforceable under section 9-203 when this article takes effect or within two years thereafter; and
(3) Becomes perfected:
(A) Without further action, when this article takes effect if the applicable requirements for perfection under this article 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.
Cite this article: FindLaw.com - West Virginia Code Chapter 46. Uniform Commercial Code § 46-9-704. Security interest unperfected before effective date - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-46-uniform-commercial-code/wv-code-sect-46-9-704/
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 or via Westlaw before relying on it for your legal needs.
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