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KRS 355.11-033

Security interest unperfected before January 1, 2025

Known as the Transitional Provisions for Uniform Commercial Code

The act spans §§ 355.11-011 to 355.11-108 (16 sections).

Effective: January 1, 2025 History: Created 2024 Ky

A security interest that is enforceable immediately before January 1, 2025, but is unperfected at that time:

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

(2) Remains enforceable thereafter if the security interest becomes enforceable under KRS 355.9-203, as amended by 2024 Ky. Acts ch. 10, on January 1, 2025, or before the adjustment date; and (3) Becomes perfected:

(a) Without further action, on January 1, 2025, if the requirements for perfection under 2024 Ky. Acts ch. 10 are satisfied before or at that time; or (b) When the requirements for perfection are satisfied if the requirements are satisfied after that time.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.