(1) A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this chapter, as amended by ch. 2012-59, Laws of Florida, on July 1, 2013, if the applicable requirements for attachment and perfection under this chapter, as amended by ch. 2012-59, Laws of Florida, are satisfied without further action.
(2) Except as otherwise provided in s. 679.804, if a security interest is a perfected security interest immediately before July 1, 2013, but the applicable requirements for perfection under this chapter, as amended by ch. 2012-59, Laws of Florida, are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under this chapter, as amended by ch. 2012-59, Laws of Florida, are satisfied no later than July 1, 2014.
History.—ss. 17, 19, ch. 2012-59.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 679 - Uniform Commercial Code: Secured Transactions
Part VIII - Transition Provisions for 2013 Amendments (Ss. 679.801-679.808)
679.802 - Security interest perfected before effective date.
679.803 - Security interest unperfected before effective date.
679.804 - Effectiveness of action taken before effective date.
679.806 - Amendment of financing statement filed before July 1, 2013.
679.807 - Person entitled to file initial financing statement or continuation statement.