Section 9-805 - 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 this title, as amended by the Act, are satisfied before or at that time; or (2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.