Security interest unperfected before effective date

A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time: (1) Remains an enforceable security interest until the adjustment date; (2) Remains enforceable thereafter if the security interest become enforceable under § 57A-9-203 , as amended by SL 2024, ch 198, on July 1, 2024, or before the adjustment date; and (3) Becomes perfected: (A) Without further action, on July 1, 2024, if the requirements for perfection under SL 2024, ch 198 are satisfied before or at that time; or (B) When the requirements for perfection are satisfied if the requirements are satisfied after that time. Source: SL 2024, ch 198 , § 106.