D.C. Code § 28:9-804

Security interest unperfected before applicability date

Known as the Uniform Commercial Code

The act spans §§ 28–28 (639 sections).

May 1, 2013, D.C

A security interest that is an unperfected security interest immediately before the applicability date becomes a perfected security interest:

(1) Without further action, on the applicability date, if the applicable requirements for perfection under Article 9 as amended by the 2012 Act are satisfied before or at that time; or

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

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.