70A-9a-804. Effectiveness of action taken before effective date.
(1) The filing of a financing statement beforetakes effect is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter as amended by.
(2) does not render ineffective an effective financing statement that, beforetakes effect, is filed and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in this chapter as it existed before amendment. However, except as otherwise provided in Subsectionsandand Section, the financing statement ceases to be effective: (3) (4) 70A-9a-805 if the financing statement is filed in this state, at the time the financing statement would have ceased to be effective hadnot taken effect; or if the financing statement is filed in another jurisdiction, at the earlier of: the time the financing statement would have ceased to be effective under the law of that jurisdiction; or June 30, 2018.
(3) The filing of a continuation statement aftertakes effect does not continue the effectiveness of a financing statement filed beforetakes effect. However, upon the timely filing of a continuation statement aftertakes effect and in accordance with the law of the jurisdiction governing perfection as provided in this chapter as amended by, the effectiveness of a financing statement filed in the same office in that jurisdiction beforetakes effect continues for the period provided by the law of that jurisdiction.
(4) Subsectionapplies to a financing statement that, beforetakes effect, is filed against a transmitting utility and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in this chapter as it existed before amendment, only to the extent that this chapter as amended byprovides that the law of a jurisdiction other than the jurisdiction in which the financing statement is filed governs perfection of a security interest in collateral covered by the financing statement. (2)(b)(ii)
(5) A financing statement that includes a financing statement filed beforetakes effect and a continuation statement filed aftertakes effect is effective only to the extent that it satisfies the requirements of, as amended byfor an initial financing statement. A financing statement that indicates that the debtor is a decedent's estate indicates that the collateral is being administered by a personal representative within the meaning of Subsectionas amended by. A financing statement that indicates that the debtor is a trust or is a trustee acting with respect to property held in trust indicates that the collateral is held in a trust within the meaning of Subsectionas amended by. Part 5, Filing 70A-9a-503(1)(b) 70A-9a-503(1)(c)