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Rs 10 9 804 — Louisiana Law | CourtGPT
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Louisiana Legal Code

Rs 10 9 804

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RS 10:9-804 - Security interest unperfected before effective date A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest: (1) without further action, when the Act takes effect if the applicable requirements for perfection under Chapter 9 as amended by the Act were satisfied before or at that time and remained satisfied at that time; or (2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time. Acts 2012, No. 450, §2, eff. July 1, 2013.