Com. Code, § 9704 · Chapter 7. Transition
Com. Code, § 9704
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
All of the following rules apply with respect to a security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) It remains an enforceable security interest until July 1, 2002.
(2) It remains enforceable thereafter if the security interest becomes enforceable under Section 9203 on July 1, 2001, or on July 1, 2002.
(3) It becomes perfected in either of the following ways:
(A) Without further action, on July 1, 2001, if the applicable requirements for perfection under this division are satisfied on or before that time.
(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
Notes and commentary — not statutory text
History
Added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM§ionNum=9704.
- Text hash
- sha256 0dc0a417bba5b2f224e9d2460745170216fedfa92346335cd846082df2908ab4
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
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Commercial Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.