California § 9703 - A security interest that is enforceable immediately before July 1, 2001, and woul
Full text of California Public Contract Code - PCC § 9703 — A security interest that is enforceable immediately before July 1, 2001, and woul, with citation guidance and answers to common questions.
§ 9703. A security interest that is enforceable immediately before July 1, 2001, and woul
(a) A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this division if, on July 1, 2001, the applicable requirements for enforceability and perfection under this division are satisfied without further action. (b) Except as otherwise provided in Section 9705, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under this division are not satisfied on July 1, 2001, when all of the following rules apply with respect to the security interest: (1) It is a perfected security interest until July 1, 2002. (2) It remains enforceable thereafter only if the security interest becomes enforceable under Section 9203 before July 1, 2002. (3) It remains perfected thereafter only if the applicable requirements for perfection under this division are satisfied before July 1, 2002.
Frequently Asked Questions About California § 9703
What does Public Contract Code - PCC § 9703 cover?
Section 9703 ("A security interest that is enforceable immediately before July 1, 2001, and woul") is part of the Public Contract Code - PCC, the codified statutory law of California. 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 California § 9703?
A common citation format is "Public Contract Code - PCC § 9703" (California). 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 California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9703 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California 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 California.