ARTICLE 13 TRANSITION PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS
Section 382-A:13-302
382-A:13-302 Security Interest Perfected Before Effective Date. –
(a) Continuing perfection: perfection requirements satisfied. A security interest that is enforceable and perfected immediately before the effective date of this article is a perfected security interest under this chapter if, on the effective date of this article the requirements for enforceability and perfection under this chapter are satisfied without further action.
(b) Continuing perfection: enforceability or perfection requirements not satisfied. If a security interest is enforceable and perfected immediately before the effective date of this article but the requirements for enforceability or perfection under this chapter are not satisfied on the effective date of this article, the security interest:
(1) is a perfected security interest until the earlier of the time perfection would have ceased under the law in effect immediately before the effective date of this article or the adjustment date;
(2) remains enforceable thereafter only if the security interest satisfies the requirements for enforceability under Section 9-203 before the adjustment date; and
(3) remains perfected thereafter only if the requirements for perfection under this chapter are satisfied before the time specified in paragraph (1).