Tex. Bus. & Com. Code § 9.704 · Subchapter G. TRANSITION PROVISIONS
SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A security interest that is enforceable immediately before the revision takes effect but that would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) remains an enforceable security interest until July 1, 2002;
(2) remains enforceable after June 30, 2002, if the security interest becomes enforceable under Section 9.203, as revised, before July 1, 2002; and
(3) becomes perfected:
(A) without further action, when the revision takes effect, if the applicable requirements for perfection under this chapter, as revised, are satisfied before or at that time; or
(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after the revision takes effect.
Notes and commentary — not statutory text
History
Reenacted from Acts 1999, 76th Leg., ch. 414, Sec. 3.04 and amended by Acts 2001, 77th Leg., ch. 705, Sec. 23, eff. June 13, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.9.htm
- Text hash
- sha256 7d8df7d33d00e2d03c2e864cde864ffc4a9ac558ca77ae6f4f6ee97a35d7913e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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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.