2015 West Virginia Code
CHAPTER 46. UNIFORM COMMERCIAL CODE
ARTICLE 9. SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER.
§46-9-704. Security interest unperfected before effective date.
A security interest that is enforceable immediately before this article takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) Remains an enforceable security interest for two years after this article takes effect;
(2) Remains enforceable thereafter if the security interest becomes enforceable under section 9-203 when this article takes effect or within two years thereafter; and
(3) Becomes perfected:
(A) Without further action, when this article takes effect if the applicable requirements for perfection under this article are satisfied before or at that time; or
(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
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