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§ 28-12-204 — District of Columbia Law | CourtGPT
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  2. Laws/
  3. District of Columbia/
  4. Title 28 - Commercial Instruments and Transactions. [Enacted Title]/
  5. Subtitle I - Uniform Commercial Code/
  6. Article 12 - Controllable Electronic Records/
  7. Part 2 - Transitional Provisions for Articles 9 and 12§ 28:12–201. Definitions/
  8. § 28-12-204
District of Columbia Legal Code

§ 28-12-204

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Security interest unperfected before April 20, 2024. A security interest that is enforceable immediately before April 20, 2024 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 § 28:9-203, as amended by the 2024 Act, on April 20, 2024 or before the adjustment date; and (3) Becomes perfected: (A) Without further action, on April 20, 2024 if the requirements for perfection under the 2024 Act are satisfied before or at that time; or (B) When the requirements for perfection are satisfied if the requirements are satisfied after that time. (Apr. 20, 2024, D.C. Law 25-158, § 2(k), 71 DCR 2265.)