California · Commercial Code

COM §9903: A security interest that is a perfected security interest immediately before January 1, 2015, is a perfected security interest under this division as amended by this act if, as of January 1, 2015, the

What this law says, in plain English

A security interest that was perfected before January 1, 2015, remains perfected under the amended law as of that date.

Read the full statutory text
A security interest that is a perfected security interest immediately before January 1, 2015, is a perfected security interest under this division as amended by this act if, as of January 1, 2015, the applicable requirements for attachment and perfection under this division as of that date are satisfied without further action.

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