1999 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 336 Uniform Commercial Code
Section 336.11-103 Transition to amended Uniform Commercial Code; general rule.

336.11-103 Transition to amended Uniform Commercial Code; general rule.

Transactions validly entered into after June 30, 1966 and before January 1, 1977, and which were subject to the provisions of Minnesota Statutes 1971, Chapter 336, and which would be subject to chapter 336 as amended if they had been entered into after December 31, 1976 and the rights, duties and interests flowing from such transactions remain valid after the latter date and may be terminated, completed, consummated or enforced as required or permitted by chapter 336 as amended by Laws 1976, Chapter 135. Security interests arising out of such transactions which are perfected before January 1, 1977 shall remain perfected until they lapse as provided in chapter 336, as amended by Laws 1976, Chapter 135, and may be continued as permitted by chapter 336 as amended by Laws 1976, Chapter 135, except as stated in section 336.11-105.

HIST: 1976 c 135 s 37

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