Collections
Indiana Code

Chapter 12.5

IC 26-1-12.5

Transitional Provisions For Uniform Commercial Code Amendments (2022)

101Citation of statute 102Definitions; applicability of definitions concerning secured transactions; applicability of general definitions and principles of construction and interpretation 201Validity of transactions entered into before July 1, 2023 301Transaction, lien, or interest entered into, created, or acquired before July 1, 2023; validity; applicability of act; existing actions, cases, or proceedings not affected 302Security interest enforceable and perfected on June 30, 2023; conditions and time frame for continued enforceability and perfection after June 30, 2023 303Security interest enforceable but unperfected on June 30, 2023; conditions and time frame for continued enforceability; conditions and effective date for perfection 304Action other than filing taken before July 1, 2023, to perfect security interest; perfection effective until adjustment date; conditions for effectiveness of financing statement filed before July 1,305Determination of priority of conflicting claims to collateral 306Determination of priority of conflicting claims to controllable accounts, controllable electronic records, and controllable payment intangibles