New York Laws
Part 7 - Transition
9-704 - Security Interest Unperfected Before Effective Date

(a) remains an enforceable security interest for one year after
Revised Article 9 takes effect;
(b) remains enforceable thereafter if the security interest becomes
enforceable under Section 9--203 when Revised Article 9 takes effect or
within one year thereafter; and
(c) becomes perfected:
(1) without further action, when Revised Article 9 takes effect
if the applicable requirements for perfection under Revised
Article 9 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.

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