Indiana 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
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Sec. 303. A security interest that is enforceable on June 30, 2023, but is unperfected on June 30, 2023:
(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
(1) remains an enforceable security interest until the adjustment date;
(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.
As added by P.L.199-2023, SEC.91.