Ind. Code § 26-1-12.5-303
Security interest enforceable but unperfected on June 30, 2023; conditions and time frame for continued enforceability; conditions and effective date for perfection
Indiana · Indiana Code Title 26 — Commercial Law · Status: effective
Cite this
- Citation
- Ind. Code § 26-1-12.5-303, Security interest enforceable but unperfected on June 30, 2023; conditions and time frame for continued enforceability; conditions and effective date for perfection, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661007
- Permanent ID
ys:prov:1661007@1- SHA-256
438c22112fd03f9fe2dac9d884cd78ccb97ad9243e662d452508d87864c59db3
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
Sec. 303. A security interest that is enforceable on June 30, 2023, but is unperfected on June 30, 2023:
(1) remains an enforceable security interest until the adjustment date;
(2) remains enforceable on or after the adjustment date if the security interest becomes enforceable under IC 26-1-9.1-203, as amended by the act, on July 1, 2023, or before the adjustment date; and
(3) becomes perfected;
(A) without further action on July 1, 2023, if the requirements for perfection under the act are satisfied before or on July 1, 2023; or
(B) when the requirements for perfection under the act are satisfied if the requirements are satisfied after July 1, 2023.