(a) Except as otherwise provided in this chapter, the changes to this division made by the act adding this chapter apply to a transaction or lien within its scope, even if the transaction or lien was entered into or created before January 1, 2015.

(b) The changes to this division made by the act adding this chapter do not affect an action, case, or proceeding commenced before January 1, 2015.

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Terms Used In California Commercial Code 9902

  • Lien: A claim against real or personal property in satisfaction of a debt.

(Added by Stats. 2014, Ch. 284, Sec. 2. (AB 1858) Effective January 1, 2015.)

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