§13-303. Security interest unperfected before effective date

            A security interest that is enforceable immediately before August 1, 2024, 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 R.S. 10:9-203, as amended by this Act, on August 1, 2024, or before the adjustment date; and

            (3) becomes perfected:

            (A) without further action, on August 1, 2024, if the requirements for perfection under this 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.

            Acts 2024, No. 773, §1.