--- title: O.C.G.A. § 11-8-603. Savings clause. collection: code id: 11-8-603 cite_as: O.C.G.A. § 11-8-603 (2025) canonical_url: https://georgiacommons.org/code/11-8-603 md_url: https://georgiacommons.org/code/11-8-603.md text_url: https://georgiacommons.org/code/11-8-603/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=702 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/11-8.md previous: https://georgiacommons.org/code/11-8-602.md next: https://georgiacommons.org/code/11-9-101.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 / INVESTMENT SECURITIES / TRANSITION PROVISIONS FOR REVISED ARTICLE 8 AND CONFORMING AMENDMENTS TO ARTICLES 1, 3, 4, 5, 9, AND 10 --- # O.C.G.A. § 11-8-603. Savings clause. (a) This Act does not affect an action or proceeding commenced before this Act takes effect. (b) If a security interest in a security is perfected at the date this Act takes effect, and the action by which the security interest was perfected would suffice to perfect a security interest under this Act, no further action is required to continue perfection. If a security interest in a security is perfected at the date this Act takes effect but the action by which the security interest was perfected would not suffice to perfect a security interest under this Act, the security interest remains perfected for a period of four months after the effective date and continues perfected thereafter if appropriate action to perfect under this Act is taken within that period. If a security interest is perfected at the date this Act takes effect and the security interest can be perfected by filing under this Act, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect. ## History Code 1981, § 11-8-603, enacted by Ga. L. 1998, p. 1323, § 1.