ARTICLE 8. [OLD]

INVESTMENT SECURITIES

§§490:8-101 to 490:8-408 REPEALED. L 1997, c 33, §1.

ARTICLE 8.

INVESTMENT SECURITIES

PART 1. SHORT TITLE AND GENERAL MATTERS

§490:8-101 Short title. This article may be cited as Uniform Commercial Code--Investment Securities. [L 1997, c 33, pt of §2]

Note

L 1997, c 33, §18 provides:

"SECTION 18. (a) This Act does not affect an action or proceeding commenced before this Act takes effect [April 22, 1997].

(b) If a security interest in a security is perfected at the date this Act takes effect [April 22, 1997], and the action by which the security interest was perfected would suffice to perfect a security interest under this Act, no further action is required to continue perfection. If a security interest in a security is perfected at the date this Act takes effect [April 22, 1997] but the action by which the security interest was perfected would not suffice to perfect a security interest under this Act, the security interest remains perfected for a period of four months after the effective date [April 22, 1997] and continues perfected thereafter if appropriate action to perfect under this Act is taken within that period. If a security interest is perfected at the date this Act takes effect [April 22, 1997] and the security interest can be perfected by filing under this Act, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect."

Previous Vol11_Ch0476-0490 Next