12A-304. Effectiveness of actions taken before July 19, 2024.

(a) If action, other than the filing of a financing statement, is taken before July 19, 2024, and the action would have resulted in perfection of the security interest had the security interest become enforceable before July 19, 2024, the action is effective to perfect a security interest that attaches under Laws 2024, LB94, before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under Laws 2024, LB94, before the adjustment date.

(b) The filing of a financing statement before July 19, 2024, is effective to perfect a security interest on July 19, 2024, to the extent the filing would satisfy the requirements for perfection under Laws 2024, LB94.

(c) The taking of an action before July 19, 2024, is sufficient for the enforceability of a security interest on July 19, 2024, if the action would satisfy the requirements for enforceability under Laws 2024, LB94.

Source:Laws 2024, LB94, ยง 106.
Effective Date: July 19, 2024