New Jersey § 12a:9-704
Full text of New Jersey New Jersey Statutes § 12a:9-704, with citation guidance and answers to common questions.
§ 12a:9-704.
A security interest that is enforceable immediately before this chapter takes effect
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 this chapter takes effect; (2) remains enforceable thereafter if the security interest becomes enforceable under
12A:9-203 when this chapter takes effect or within one year thereafter; and (3) becomes perfected: (A) without further action, when this chapter takes effect if the applicable requirements
for perfection under this chapter 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.
Frequently Asked Questions About New Jersey § 12a:9-704
What does New Jersey Statutes § 12a:9-704 cover?
Section 12a:9-704 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 12a:9-704?
A common citation format is "New Jersey Statutes § 12a:9-704" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.