Alabama § 7-9A-704 - Security Interest Unperfected Before January 1, 2002.
Full text of Alabama Code of Alabama § 7-9A-704 — Security Interest Unperfected Before January 1, 2002., with citation guidance and answers to common questions.
§ 7-9A-704. Security Interest Unperfected Before January 1, 2002.
A security interest that is enforceable immediately before January 1, 2002, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) remains an enforceable security interest for one year after January 1, 2002;
(2) remains enforceable thereafter if the security interest becomes enforceable under Section 7-9A-203 on January 1, 2002, or within one year thereafter; and
(3) becomes perfected:
(A) without further action, on January 1, 2002, if the applicable requirements for perfection under this article are satisfied before or at that time; or
(B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 7-9A-704
What does Code of Alabama § 7-9A-704 cover?
Section 7-9A-704 ("Security Interest Unperfected Before January 1, 2002.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 7-9A-704?
A common citation format is "Code of Alabama § 7-9A-704" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 7-9A-704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.