A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time: 1. remains an enforceable security interest until July 1, 2025; 2. remains enforceable thereafter if the security interest becomes enforceable under section 554.9203, as amended by 2024 Iowa Acts, ch. 1023, on July 1, 2024, or before July 1, 2025; and 3. becomes perfected: a. without further action, on July 1, 2024, ifthe requirements for perfection under 2024 Iowa Acts, ch. 1023, are satisfied before or at that time; or b. when the requirements for perfection are satisfied ifthe requirementsare satisfied after that time.
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