Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A perfected security interest that existed before the Act takes effect stays perfected if the Chapter 9 perfection requirements are met without further action, or, if they are not met at that time, are met within one year after the Act takes effect.”
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02
How the instrument operates
- 01
Start with the recorded version
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- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
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A perfected security interest that existed before the Act takes effect stays perfected if the Chapter 9 perfection requirements are met without further action, or, if they are not met at that time, are met within one year after the Act takes effect.
Section 10:9-803
04
Source and current-law status
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Source record from legis.la.gov · Undated source snapshot
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