[§490:13-303]  Security interest unperfected before the effective date.  A security interest that is enforceable immediately before the effective date of this article but is unperfected at that time shall:

     (1)  Remain an enforceable security interest until the adjustment date;

     (2)  Remain enforceable thereafter if the security interest becomes enforceable under section 490:9-203, as amended by Act 132, Session Laws of Hawaii 2023, on the effective date of this article or before the adjustment date; and

     (3)  Become perfected:

          (A)  Without further action, on the effective date of this article if the requirements for perfection under this article are satisfied before or at that time; or

          (B)  When the requirements for perfection are satisfied if the requirements are satisfied after that time. [L 2023, c 132, pt of §1]