2017 New Jersey Revised Statutes
TITLE 12A - COMMERCIAL TRANSACTIONS
Section 12A:9-804 - Security interest unperfected before effective date.
12A:9-804. Security interest unperfected before effective date.
12A:9-804. Security Interest Unperfected Before Effective Date.
A security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:
(1) without further action, when this act takes effect if the applicable requirements for perfection under Chapter 9 as amended by this act 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.
L.2013, c.65, s.30.