30-9A-804. Security interest unperfected before effective date. A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:
(1) without further action on July 1, 2013, if the applicable requirements for perfection under this chapter 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.
History: En. Sec. 20, Ch. 75, L. 2013.
Structure Montana Code Annotated
Chapter 9A. Uniform Commercial Code Secured Transactions
30-9A-801. and 30-9A-802 reserved
30-9A-803. Security interest perfected before effective date
30-9A-804. Security interest unperfected before effective date
30-9A-805. Effectiveness of action taken before effective date
30-9A-807. Amendment of pre-effective-date financing statement
30-9A-808. Person entitled to file initial financing statement or continuation statement