RCW 62A.12A-304Effectiveness of actions taken before effective date.(a) Preeffective-date action; attachment and perfection before adjustment date. If action, other than the filing of a financing statement, is taken before January 1, 2024, and the action would have resulted in perfection of the security interest had the security interest become enforceable before January 1, 2024, the action is effective to perfect a security interest that attaches under chapter 266, Laws of 2023 before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under chapter 266, Laws of 2023 before the adjustment date.(b) Preeffective-date filing. The filing of a financing statement before January 1, 2024, is effective to perfect a security interest on January 1, 2024, to the extent the filing would satisfy the requirements for perfection under chapter 266, Laws of 2023.(c) Preeffective-date enforceability action. The taking of an action before January 1, 2024, is sufficient for the enforceability of a security interest on January 1, 2024, if the action would satisfy the requirements for enforceability action. The taking of an action before January 1, 2024, is sufficient for the enforceability of a security interest on January 1, 2024, if the action would satisfy the requirements for enforceability under chapter 266, Laws of 2023.[ 2023 c 266 s 1107.]NOTES:Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.
Washington Legal Code