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Official Code of Georgia Annotated

Title 11. COMMERCIAL CODE · Chapter 11. · Article 11. REVISED ARTICLE 9 AND CONFORMING AMENDMENTS TO OTHER ARTICLES

11-11-103. Transition to revised article.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (1)

    Transactions validly entered into before July 1, 1978, and the rights, duties, and interests flowing from them remain valid thereafter; and, except as provided in subsection (2) of this Code section, may be terminated, completed, consummated, or enforced as required or permitted by old Article 9 of this title and other statute or other law amended or repealed by this Act as though such repeal or amendment had not occurred.#

  2. (2)

    Continuation statements with respect to security interests perfected under the old Article 9 of this title shall, after December 31, 1977, be filed in the manner and place specified in the revised Article 9 of this title.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1933, § 109A-11-103, enacted by Ga. L. 1978, p. 1081, § 8.

Editor's notes

The term “this Act,” which appears in this section, refers to Ga. L. 1978, p. 1081, which revised Article 9 of this title, added this article, and made other conforming changes in this title.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t11-(v9)-2022-pdf.pdf, Volume V9, 2022 edition, pages 983 to 984; merge action: carried; file SHA-256 ad397fccbf21.