2018 Code of Alabama
Title 7 - COMMERCIAL CODE.
Article 9A - SECURED TRANSACTIONS.
Part 8 - TRANSITION FOR 2014 AMENDMENTS.
Section 7-9A-804 - Security interest unperfected before effective date.

Universal Citation: AL Code § 7-9A-804 (2018)
Section 7-9A-804Security interest unperfected before effective date.

A security interest that is an unperfected security interest immediately before July 1, 2014, becomes a perfected security interest:

(1) without further action, on July 1, 2014, if the applicable requirements for perfection under Article 9A as amended by Act 2014-374 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.

(Act 2014-374, p. 1339, §2.)
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