30-9A-903. Security interest unperfected before effective date, MCA

Montana Code Annotated 2025

TITLE 30. TRADE AND COMMERCE

CHAPTER 9A. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS

Part 9. 2025 Transitional Provisions

Security Interest Unperfected Before Effective Date

30-9A-903. Security interest unperfected before effective date. A security interest that is enforceable immediately before October 1, 2025, 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 30-9A-203, as amended by Chapter 200, Laws of 2025, on October 1, 2025, or before the adjustment date; and

(3) becomes perfected:

(a) without further action, on October 1, 2025, if the requirements for perfection under Chapter 200, Laws of 2025, are satisfied before or at that time; or

(b) when the requirements for perfection are satisfied if the requirements are satisfied after that time.

History: En. Sec. 106, Ch. 200, L. 2025.