PDFRCW 62A.12A-303

Security interest unperfected before effective date.

A security interest that is enforceable immediately before January 1, 2024, but is unperfected at that time:
(a) Remains an enforceable security interest until the adjustment date;
(b) Remains enforceable thereafter if the security interest becomes enforceable under RCW 62A.9A-203, as amended by chapter 266, Laws of 2023, on January 1, 2024, or before the adjustment date; and
(c) Becomes perfected:
(1) Without further action, on January 1, 2024, if the requirements for perfection under chapter 266, Laws of 2023 are satisfied before or at that time; or
(2) When the requirements for perfection are satisfied if the requirements are satisfied after that time.
[ 2023 c 266 s 1106.]

NOTES:

ConstructionEffective date2023 c 266: See notes following RCW 62A.12-101.