Texas § BC.9.704 - SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE
Full text of Texas The Texas Constitution § BC.9.704 — SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE, with citation guidance and answers to common questions.
§ BC.9.704. SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE
SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE. A security interest that is enforceable immediately before the revision takes effect but that would be subordinate to the rights of a person that becomes a lien creditor at that time: (1) remains an enforceable security interest until July 1, 2002; (2) remains enforceable after June 30, 2002, if the security interest becomes enforceable under Section 9.203 , as revised, before July 1, 2002; and (3) becomes perfected: (A) without further action, when the revision takes effect, if the applicable requirements for perfection under this chapter, as revised, are satisfied before or at that time; or (B) when the applicable requirements for perfection are satisfied if the requirements are satisfied after the revision takes effect. Reenacted from Acts 1999, 76th Leg., ch. 414, Sec. 3.04 and amended by Acts 2001, 77th Leg., ch. 705, Sec. 23, eff. June 13, 2001.
Frequently Asked Questions About Texas § BC.9.704
What does The Texas Constitution § BC.9.704 cover?
Section BC.9.704 ("SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § BC.9.704?
A common citation format is "The Texas Constitution § BC.9.704" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BC.9.704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.