N.Y. Uniform Commercial Code Law Section 12-A-303
Security Interest Unperfected Before Effective Date

* Section 12-A-303. Security Interest Unperfected Before Effective Date. A security interest that is enforceable immediately before the effective date of the UCC Revision Act 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 Section 9--203, as amended by the UCC Revision Act, on the effective date of the UCC Revision Act or before the adjustment date; and

(3)

becomes perfected: (A) without further action, on the effective date of the UCC Revision Act if the requirements for perfection under the revised UCC are satisfied before or at that time; or (B) when the requirements for perfection are satisfied if the requirements are satisfied after that time. * NB Effective June 3, 2026

Source: Section 12-A-303 — Security Interest Unperfected Before Effective Date, https://www.­nysenate.­gov/legislation/laws/UCC/12-A-303 (updated Dec. 12, 2025; accessed Dec. 13, 2025).

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Verified:
Dec. 13, 2025

Last modified:
Dec. 12, 2025

§ 12-A-303. Sec. Interest Unperfected Before Effective Date's source at nysenate​.gov

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