Section 4-13-303 - Security interest unperfected before effective date

A security interest that is enforceable immediately before the effective date of this article 13 but is unperfected at that time:(1) Remains an enforceable security interest until the adjustment date;(2) Remains enforceable thereafter if the security interest becomes enforceable under section 4-9-203, as amended by Senate Bill 23-090, enacted in 2023, on the effective date of this article 13 or before the adjustment date; and(3) Becomes perfected: (A) Without further action, on the effective date of this article 13, if the requirements for perfection under this title 4 are satisfied before or at that time; or(B) When the requirements for perfection are satisfied if the requirements are satisfied after that time.Added by 2023 Ch. 136,§ 89, eff. 8/7/2023.2023 Ch. 136, was passed without a safety clause. See Colo. Const. art. V, § 1(3).