§12A-11-102.

§12A-11-102.
   
   Transition to This Act; General Rule. - Transactions validly entered
   into after December 31, 1962, and before October 1, 1981 and which
   were subject to the provisions of the U.C.C. prior to this act, and
   which would be subject to this act, as amended if they had been
   entered into after the effective date of this act and the rights,
   duties and interests flowing from such transactions remain valid after
   the latter date and may be terminated, completed, consummated or
   enforced as required or permitted by this act. Security interests
   arising out of such transactions which are perfected when this act
   becomes effective shall remain perfected until they lapse as provided
   herein, and may be continued as permitted by this act, except as
   stated in Section 11-104.