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13 Pa.C.S. § 91133

Security interest unperfected before effective date

Known as the Uniform Commercial Code

The act spans §§ 13–13 (634 sections).

A security interest that is enforceable immediately before the effective date of this section 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 section 9203 (relating to attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites), as amended by the act adding this chapter, on the effective date of this section or before the adjustment date; and

(3) becomes perfected:

(i) without further action, on the effective date of this section if the requirements for perfection under the act adding this chapter are satisfied before or at that time; or

(ii) when the requirements for perfection are satisfied if the requirements are satisfied after that time.

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