A security interest for the perfection of which filing or the taking of possession was required under the 1966 UCC and which attached prior to the effective date of the 1988 UCC Amendments but was not perfected is considered perfected on the effective date set forth in Section 36-11-101 of the 1988 UCC Amendments if the 1988 UCC Amendments permit perfection without filing or authorize filing in the office or offices where a prior ineffective filing was made.
HISTORY: 1988 Act No. 494, Section 7.
Structure South Carolina Code of Laws
Section 36-11-101. Effective date of the 1988 amendments.
Section 36-11-102. Preservation of old transition procedures.
Section 36-11-103. Transition to 1988 UCC Amendments-general rule.
Section 36-11-104. Transition provisions on change of requirement of filing.
Section 36-11-105. Transition provision on change of place of filing.
Section 36-11-106. Required refilings.
Section 36-11-107. Transition provisions as to priorities.
Section 36-11-108. Presumption that rule of law continues unchanged.