A security interest that is an unperfected security interest immediately before the applicability date becomes a perfected security interest:
(1) Without further action, on the applicability date, if the applicable requirements for perfection under Article 9 as amended by the 2012 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.
(May 1, 2013, D.C. Law 19-302, § 2(s), 60 DCR 2688.)
Applicability of D.C. Law 19-302: Section 4 of D.C. Law 19-302 provided that the act shall apply as of July 1, 2013.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Subtitle I - Uniform Commercial Code
Article 9 - Secured Transactions
Part VIII - Transition Provisions for 2012 Amendments
§ 28:9–803. Security interest perfected before applicability date
§ 28:9–804. Security interest unperfected before applicability date
§ 28:9–805. Effectiveness of action taken before applicability date
§ 28:9–807. Amendment of pre-effective-date financing statement
§ 28:9–808. Person entitled to file initial financing statement or continuation statement