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Terms Used In New Jersey Statutes 12A:9-802

  • Lien: A claim against real or personal property in satisfaction of a debt.
12A:9-802. Savings Clause.

(a) Pre-effective date transactions or liens. Except as otherwise provided in this part, this act applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this act takes effect.

(b) Pre-effective-date proceedings. This act does not affect an action, case, or proceeding commenced before this act takes effect.

L.2013, c.65, s.30.