The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 9A V.S.A. § 9-704)
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§ 9—704. Security interest unperfected before effective date
A security interest that is enforceable immediately before July 1, 2001 but would
be subordinate to the rights of a person that becomes a lien creditor at that time:
(1) remains an enforceable security interest until June 30, 2002;
(2) remains enforceable thereafter if the security interest becomes enforceable under
the provisions of section 9—203 of this title as in effect on and after July 1, 2001, either on July 1, 2001, at any time thereafter
through and including June 30, 2002; and
(3) becomes perfected:
(A) without further action, on July 1, 2001 if the applicable requirements for perfection
under the provisions of this article as in effect on and after July 1, 2001, 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. (Added 2001, No. 46, § 12.)