6 Del. C. § A-303
This is the official text of 6 Del. C. § A-303, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â A-303. Security interest unperfected before effective date.
Official statutory text
A security interest that is enforceable immediately before August 18, 2023, but is unperfected at that time:
(1) remains an enforceable security interest until the adjustment date;
(2) remains enforceable thereafter if the security interest becomes enforceable under Section 9-203, as amended by the amending Act, on August 18, 2023, or before the adjustment date; and
(3) becomes perfected:
(A) without further action, on August 18, 2023, if the requirements for perfection under the amending Act are satisfied before or at that time; or
(B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.
(1) remains an enforceable security interest until the adjustment date;
(2) remains enforceable thereafter if the security interest becomes enforceable under Section 9-203, as amended by the amending Act, on August 18, 2023, or before the adjustment date; and
(3) becomes perfected:
(A) without further action, on August 18, 2023, if the requirements for perfection under the amending Act are satisfied before or at that time; or
(B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.
Status: in_force · Read it on the official government site
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