Title 62A, Title 62A UNIFORM COMMERCIAL CODE
14 chapters · 656 sections in this title.
RCW 62A.12A-101 Short title.
0.2K chars
This Article may be cited as transitional provisions for Uniform Commercial Code Amendments (2022).[ 2023 c 266 s 1101.]Notes:Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.
RCW 62A.12A-102 Definitions.
0.9K chars
(a) Article A Definitions. In this Article:(1) "Adjustment date" means July 1, 2025, or the date that is one year after January 1, 2024, whichever is later.(2) "Article 12" means Article 12 of this title.(3) "Article 12 property" means a controllable account, controllable electro…
RCW 62A.12A-201 Saving clause.
0.5K chars
Except as provided in RCW 62A.12A-301 through 62A.12A-306, a transaction validly entered into before January 1, 2024, and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required …
RCW 62A.12A-301 Saving clause.
1.7K chars
(a) Preeffective-date transaction, lien, or interest. Except as provided in this part, Article 9A of this title as amended by chapter 266, Laws of 2023 and Article 12 apply to a transaction, lien, or other interest in property, even if the transaction, lien, or interest was enter…
RCW 62A.12A-302 Security interest perfected before effective date.
1.3K chars
(a) Continuing perfection: Perfection requirements satisfied. A security interest that is enforceable and perfected immediately before January 1, 2024, is a perfected security interest under chapter 266, Laws of 2023 if, on January 1, 2024, the requirements for enforceability and…
RCW 62A.12A-303 Security interest unperfected before effective date.
0.8K chars
A security interest that is enforceable immediately before January 1, 2024, but is unperfected at that time:(a) Remains an enforceable security interest until the adjustment date;(b) Remains enforceable thereafter if the security interest becomes enforceable under RCW 62A.9A-203,…
RCW 62A.12A-304 Effectiveness of actions taken before effective date.
1.3K chars
(a) Preeffective-date action; attachment and perfection before adjustment date. If action, other than the filing of a financing statement, is taken before January 1, 2024, and the action would have resulted in perfection of the security interest had the security interest become e…
RCW 62A.12A-305 Priority.
0.9K chars
(a) Determination of priority. Subject to subsections (b) and (c) of this section, chapter 266, Laws of 2023 determines the priority of conflicting claims to collateral.(b) Established priorities. Subject to subsection (c) of this section, if the priorities of claims to collatera…
RCW 62A.12A-306 Priority of claims when priority rules of Article 9A do not apply.
1.1K chars
(a) Determination of priority. Subject to subsections (b) and (c) of this section, Article 12 determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9A of this title as amended by chapter 266, Laws of 2023 do not apply.(b) Establis…