--- title: O.C.G.A. § 11-12A-302. Security interest perfected before effective date. collection: code id: 11-12A-302 cite_as: O.C.G.A. § 11-12A-302 (2025) canonical_url: https://georgiacommons.org/code/11-12A-302 md_url: https://georgiacommons.org/code/11-12A-302.md text_url: https://georgiacommons.org/code/11-12A-302/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-pdf.pdf?sfvrsn=df925151_0#page=169 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/11-12A.md previous: https://georgiacommons.org/code/11-12A-301.md next: https://georgiacommons.org/code/11-12A-303.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: COMMERCIAL CODE / TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS / TRANSITIONAL PROVISIONS FOR ARTICLES 9 AND 12 --- # O.C.G.A. § 11-12A-302. Security interest perfected before effective date. (a) Continuing perfection: perfection requirements satisfied. A security interest that is enforceable and perfected immediately before July 1, 2024, is a perfected security interest under the Uniform Commercial Code Modernization Act of 2024, if, on July 1, 2024, the requirements for enforceability and perfection under the Uniform Commercial Code Modernization Act of 2024 are satisfied without further action. (b) Continuing perfection: enforceability or perfection requirements not satisfied. If a security interest is enforceable and perfected immediately before July 1, 2024, but the requirements for enforceability or perfection under the Uniform Commercial Code Modernization Act of 2024 are not satisfied on July 1, 2024, the security interest: (1) Is a perfected security interest until the earlier of the time perfection would have ceased under the law in effect immediately before July 1, 2024, or the adjustment date; (2) Remains enforceable thereafter only if the security interest satisfies the requirements for enforceability under Code Section 11-9-203, as amended by the Uniform Commercial Code Modernization Act of 2024, before the adjustment date; and (3) Remains perfected thereafter only if the requirements for perfection under the Uniform Commercial Code Modernization Act of 2024 are satisfied before the time specified in paragraph (1) of this subsection. ## History Code 1981, § 11-12A-302, enacted by Ga. L. 2024, p. 817, § 4-1/HB 1240, effective July 1, 2024.