Sec. 42a-12A-102. Definitions.
Sec. 42a-12A-201. Saving Clause.
Sec. 42a-12A-301. Saving clause.
Sec. 42a-12A-302. Security interest perfected before January 1, 2026.
Sec. 42a-12A-303. Security interest unperfected before January 1, 2026.
Sec. 42a-12A-304. Effectiveness of actions taken before January 1, 2026.
Sec. 42a-12A-306. Priority of claims when priority rules of article 9 do not apply.
Sec. 42a-12A-101. Short title: Transitional Provisions for Uniform Commercial Code Amendments (2022). This article may be cited as “Transitional Provisions for Uniform Commercial Code Amendments (2022)”.
(P.A. 25-145, S. 93.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-102. Definitions. (a) In this article:
(1) “Adjustment date” means January 1, 2027.
(2) “Article 12” means Article 12 of the Uniform Commercial Code, as adopted in this title.
(3) “Article 12 property” means a controllable account, controllable electronic record or controllable payment intangible.
(b) The following definitions in other articles of the Uniform Commercial Code, as adopted in this title, apply to this article:
“Controllable account”. Section 42a-9-102.
“Controllable electronic record”. Section 42a-12-102.
“Controllable payment intangible”. Section 42a-9-102.
“Electronic money”. Section 42a-9-102.
“Financing statement”. Section 42a-9-102.
(c) Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.
(P.A. 25-145, S. 94.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-201. Saving Clause. Except as provided in sections 42a-12A-301 to 42a-12A-306, inclusive, a transaction validly entered into before January 1, 2026, and the rights, duties and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated or enforced as required or permitted by law other than the Uniform Commercial Code, as adopted in this title, or, if applicable, this title, as though public act 25-145* had not taken effect.
(P.A. 25-145, S. 95.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-301. Saving clause. (a) Except as provided in sections 42a-12A-101 and 42a-12A-102, articles 9 and 12 apply to a transaction, lien or other interest in property, even if the transaction, lien or interest was entered into, created or acquired before January 1, 2026.
(b) Except as provided in subsection (c) of this section and sections 42a-12A-302 to 42a-12A-306, inclusive:
(1) A transaction, lien or interest in property that was validly entered into, created or transferred before January 1, 2026, and was not governed by the Uniform Commercial Code, as enacted in this title, but would be subject to article 9 or 12 if it had been entered into, created or transferred on or after January 1, 2026, including the rights, duties and interests flowing from the transaction, lien or interest, remains valid on and after January 1, 2026; and
(2) The transaction, lien or interest may be terminated, completed, consummated and enforced as required or permitted by public act 25-145* or by the law that would apply if public act 25-145* had not taken effect.
(c) Public act 25-145* does not affect an action, case or proceeding commenced before January 1, 2026.
(P.A. 25-145, S. 96.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-302. Security interest perfected before January 1, 2026. (a) A security interest that is enforceable and perfected immediately before January 1, 2026, is a perfected security interest under public act 25-145* if, on January 1, 2026, the requirements for enforceability and perfection under public act 25-145* are satisfied without further action.
(b) If a security interest is enforceable and perfected immediately before January 1, 2026, but the requirements for enforceability or perfection under public act 25-145* are not satisfied on January 1, 2026, 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 January 1, 2026, or the adjustment date;
(2) Remains enforceable thereafter only if the security interest satisfies the requirements for enforceability under section 42a-9-203 before the adjustment date; and
(3) Remains perfected thereafter only if the requirements for perfection under public act 25-145* are satisfied before the time specified in subdivision (1) of this subsection.
(P.A. 25-145, S. 97.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-303. Security interest unperfected before January 1, 2026. A security interest that is enforceable immediately before January 1, 2026, but is unperfected at that time:
(1) Remains an enforceable security interest until the adjustment date;
(2) Remains enforceable thereafter if the security interest becomes enforceable under section 42a-9-203 on January 1, 2026, or before the adjustment date; and
(3) Becomes perfected:
(A) Without further action, on January 1, 2026, if the requirements for perfection under public act 25-145* are satisfied before or at that time; or
(B) When the requirements for perfection are satisfied if the requirements are satisfied after that time.
(P.A. 25-145, S. 98.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-304. Effectiveness of actions taken before January 1, 2026. (a) If action, other than the filing of a financing statement, is taken before January 1, 2026, and the action would have resulted in perfection of the security interest had the security interest become enforceable before January 1, 2026, the action is effective to perfect a security interest that attaches under public act 25-145* before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under public act 25-145* before the adjustment date.
(b) The filing of a financing statement before January 1, 2026, is effective to perfect a security interest on January 1, 2026, to the extent the filing would satisfy the requirements for perfection under public act 25-145*.
(c) The taking of an action before January 1, 2026, is sufficient for the enforceability of a security interest on January 1, 2026, if the action would satisfy the requirements for enforceability under public act 25-145*.
(P.A. 25-145, S. 99.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-305. Priority. (a) Subject to subsections (b) and (c) of this section, public act 25-145* determines the priority of conflicting claims to collateral.
(b) Subject to subsection (c) of this section, if the priorities of claims to collateral were established before January 1, 2026, article 9, as in effect before January 1, 2026, determines priority.
(c) On the adjustment date, to the extent the priorities determined by article 9 modify the priorities established before January 1, 2026, the priorities of claims to article 12 property and electronic money established before January 1, 2026, cease to apply.
(P.A. 25-145, S. 100.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026.
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Sec. 42a-12A-306. Priority of claims when priority rules of article 9 do not apply. (a) Subject to subsections (b) and (c) of this section, article 12 determines the priority of conflicting claims to article 12 property when the priority rules of article 9 do not apply.
(b) Subject to subsection (c) of this section, when the priority rules of article 9 do not apply and the priorities of claims to article 12 property were established before January 1, 2026, law other than article 12 determines priority.
(c) When the priority rules of article 9 do not apply, to the extent the priorities determined by public act 25-145* modify the priorities established before January 1, 2026, the priorities of claims to article 12 property established before January 1, 2026, cease to apply on the adjustment date.
(P.A. 25-145, S. 101.)
*Note: Public act 25-145 is entitled “An Act Concerning Adoption of Amendments to the Uniform Commercial Code.” (See Reference Table captioned “Public Acts of 2025” in Volume 3 which lists the sections amended, created or repealed by the act.)
History: P.A. 25-145 effective January 1, 2026 (Revisor's note: In Subsec (a), the word “determine” was replaced editorially by the Revisors with “determines” for grammatical accuracy).
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