N.C. Gen. Stat. § 25-9-704
Security interest unperfected before effective date
North Carolina · North Carolina General Statutes Chapter 25 — Chapter 25. · Status: effective
Cite this
- Citation
- N.C. Gen. Stat. § 25-9-704, Security interest unperfected before effective date, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1310568
- Permanent ID
ys:prov:1310568@1- SHA-256
19c377e7037d2ba65da0b11d1989b87478d3ed8c862b8379522d5974619382d9
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Security interest unperfected before effective date. 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) Remains an enforceable security interest for one year after July 1, 2001;
(2) Remains enforceable thereafter if the security interest becomes enforceable under G.S. 25-9-203 on July 1, 2001 or within one year thereafter; and (3) Becomes perfected: a. Without further action, on July 1, 2001 if the applicable requirements for perfection under this act are satisfied before or at that time; or b. When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time. (2000-169, s. 1.)