District Of Columbia § 50-1541.28 - Savings clause.

Full text of District Of Columbia D.C. Code § 50-1541.28 — Savings clause., with citation guidance and answers to common questions.

§ 50-1541.28. Savings clause.

50-1541.28
(a)

The rights, duties, and interests flowing from a transaction, certificate of title, or record relating to a vessel that was validly entered into or created before January 1, 2016, and would be subject to this chapter if it had been entered into or created on or after January 1, 2016, remain valid on and after January 1, 2016.

(b)

This chapter does not affect an action or proceeding commenced before January 1, 2016.

(c)

Except as otherwise provided in subsection (d) of this section, a security interest that is enforceable immediately before January 1, 2016, 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 chapter.

(d)

A security interest perfected immediately before January 1, 2016, remains perfected until the earlier of:

(1)

The time perfection would have ceased under the law under which the security interest was perfected; or

(2)

Three years after January 1, 2016.

(e)

This chapter shall not affect the priority of a security interest in a vessel if immediately before January 1, 2016, the security interest is enforceable and perfected, and that priority is established.

Annotations

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 50-1541.28

What does D.C. Code § 50-1541.28 cover?

Section 50-1541.28 ("Savings clause.") is part of the D.C. Code, the codified statutory law of District Of Columbia. 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 District Of Columbia § 50-1541.28?

A common citation format is "D.C. Code § 50-1541.28" (District Of Columbia). 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 District Of Columbia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.

How does District Of Columbia § 50-1541.28 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia 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 District Of Columbia.