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2020 Minnesota Statutes
Chapters 324 - 341 — Trade Regulations, Consumer Protection
Chapter 336 — Uniform Commercial Code
Section 336.9-804 — Security Interest Unperfected Before Effective Date.
Universal Citation: MN Stat § 336.9-804 (2020)
336.9-804 SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.
A security interest that is an unperfected security interest immediately before Laws 2011, chapter 31, takes effect becomes a perfected security interest:
(1) without further action, when Laws 2011, chapter 31, takes effect if the applicable requirements for perfection under article 9 as amended by Laws 2011, chapter 31, 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.
History:2011 c 31 art 1 s 16,19
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