(a) A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under Alaska Stat. § 45.29.101 – 45.29.709, as those sections read on July 1, 2013, if, immediately before July 1, 2013, the applicable requirements for attachment and perfection under Alaska Stat. § 45.29.101 – 45.29.709, as those sections read on July 1, 2013, are satisfied without further action.
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Terms Used In Alaska Statutes 45.29.803

  • action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
(b) Except as otherwise provided in Alaska Stat. § 45.29.805, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under Alaska Stat. § 45.29.101 – 45.29.709, as those sections read on July 1, 2013, are not satisfied on or before June 30, 2013, the security interest remains perfected on and after July 1, 2013, only if the applicable requirements for perfection under Alaska Stat. § 45.29.101 – 45.29.709, as those sections read on July 1, 2013, are satisfied not later than July 1, 2014.
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