California · Commercial Code

COM §9902: (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 procedural application of legal changes to transactions and liens, establishing when modified rules apply to existing arrangements unless otherwise specified in the chapter.

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(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 January 1, 2015. (b) The changes to this division made by the act adding this chapter do not affect an action, case, or proceeding commenced before January 1, 2015.

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