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§12A-11-104.
§12A-11-104.
Transition Provision on Change of Place of Filing. -
(1) A financing statement or continuation statement filed prior to
October 1, 1981, which shall not have lapsed prior to that date shall
remain effective for the period provided in the unamended version of
the U.C.C., but for not less than five (5) years after the filing.
(2) With respect to any collateral acquired by the debtor subsequent
to the effective date of this act, any effective financing statement
or continuation statement described in this section shall apply only
if the filing or filings are in the office or offices that would be
appropriate to perfect the security interests in the new collateral
under the provisions of this act.
(3) The effectiveness of any financing statement or continuation
statement filed prior to the effective date of this act may be
continued by a continuation statement as permitted by this act, except
that if this act requires a filing in an office where there was no
previous financing statement, a new financing statement conforming to
Section 11-105 shall be filed in that office.
(4) If the record of a mortgage of real estate would have been
effective as a fixture filing of goods described therein if this act
had been in effect on the date of recording the mortgage, the mortgage
shall be deemed effective as a fixture filing as to such goods under
subsection (6) of Section 9-402 of this act on October 1, 1981.
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