California · Commercial Code

COM §9802: (a) Except as otherwise provided in this chapter, the changes to this division made by the act adding this chapter apply to a transaction or lien within its scope, even if the transaction or lien was

What this law says, in plain English

This statute addresses how changes to a division apply to transactions or liens, regardless of when the transaction or lien was created, unless the chapter specifies otherwise.

Read the full statutory text

(a) Except as otherwise provided in this chapter, the changes to this division made by the act adding this chapter apply to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2014. (b) The changes to this division made by the act adding this chapter do not affect an action, case, or proceeding commenced before July 1, 2014.

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