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Utah Code 70A-11-105. Transition provision on change of place of filing

Utah Code > Title 70A > Chapter 11 > § 70A-11-105 - Transition provision on change of place of filing

^{Current as of: 2010}

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     (1) A financing statement or continuation statement filed prior to July 1, 1977 which shall not have lapsed prior to July 1, 1977 shall remain effective for the period provided in the old Uniform Commercial Code, but not less than five years after the filing.
     (2) With respect to any collateral acquired by the debtor subsequent to the effective date of the corrected Uniform Commercial Code, 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 corrected Uniform Commercial Code.
     (3) The effectiveness of any financing statement or continuation statement filed prior to July 1, 1977 may be continued by a continuation statement as permitted by the corrected Uniform Commercial Code, except that if the corrected Uniform Commercial Code requires a filing in an office where there was no previous financing statement, a new financing statement conforming to Section 70A-11-106 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 the corrected Uniform Commercial Code 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 Section 70A-9a-502 of the corrected Uniform Commercial Code on the effective date of the corrected Uniform Commercial Code.


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Utah Laws: UCC General Provisions (Articles 1, 10 and 11)

Utah Code > Title 70A > Chapter 1 - Uniform Commercial Code - General Provisions

Utah Code > Title 70A > Chapter 10 - Effective Date and Repealer

Utah Code > Title 70A > Chapter 11 - Corrected Uniform Commercial Code - Effective Date and Transition Provisions

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