A security interest that is enforceable immediately before January 1, 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 § 6A-9-203, as amended by the amendatory act, on January 1, 2024, or before the adjustment date; and (3) Becomes perfected: (i) Without further action, on January 1, 2024, if the requirements for perfection under the amendatory act are satisfied before or at that time; or (ii) When the requirements for perfection are satisfied if the requirements are satisfied after that time. History of Section.P.L. 2024, ch. 65, § 12, effective June 10, 2024; P.L. 2024, ch. 66, § 12, effective June 10, 2024.
Rhode Island Legal Code