<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="9-707" title_number="9" title_name="Secured Transactions" subtitle_number="7" subtitle_name="Transition">
  <level label="a">
    <text>In this section, “pre-effective-date financing statement” means a financing statement filed before this title takes effect.</text>
  </level>
  <level label="b">
    <text>After this title takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Subtitle 3 of this title. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.</text>
  </level>
  <level label="c">
    <text>Except as otherwise provided in subsection (d), if the law of this State governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after this title takes effect only if:</text>
    <level label="1">
      <text>The pre-effective-date financing statement and an amendment are filed in the office specified in § 9-501;</text>
    </level>
    <level label="2">
      <text>An amendment is filed in the office specified in § 9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies § 9-706(c); or</text>
    </level>
    <level label="3">
      <text>An initial financing statement that provides the information as amended and satisfies § 9-706(c) is filed in the office specified in § 9-501.</text>
    </level>
  </level>
  <level label="d">
    <text>If the law of this State governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under § 9-705(e) and (g) or § 9-706.</text>
  </level>
  <level label="e">
    <text>Whether or not the law of this State governs the perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this State may be terminated after this title takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies § 9-706(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Subtitle 3 of this title as the office in which to file a financing statement.</text>
  </level>
</section>
