A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
History. Code 1981, § 11-9-704 , enacted by Ga. L. 2001, p. 362, § 1.
Structure Georgia Code
Article 9 - Secured Transactions
§ 11-9-703. Security Interest Perfected Before Effective Date
§ 11-9-704. Security Interest Unperfected Before Effective Date
§ 11-9-705. Effectiveness of Action Taken Before Effective Date
§ 11-9-707. Amendment of Pre-Effective Date Financing Statement
§ 11-9-708. Persons Entitled to File Initial Financing Statement or Continuation Statement