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     §§490:8-101 to 490:8-408  REPEALED.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."