Last Amended: 2013
2013
Amended by St.1960, c. 792; St.1977, c. 856, � 2; St.1981, c. 428, � 4; St.1982, c. 430, � 6; St.1993, c. 161, �� 23, 24; St.1993, c. 460, � 55; St.1995, c. 5, � 77; St.1996, c. 450, � 194; St.2001, c. 26, � 41; St.2013, c. 30, � 82, eff. July 1, 2013.
2013 Legislation
St.2013, c. 30, � 82, an emergency act, approved July 1, 2013, effective July 1, 2013, in the third sentence, substituted "9-406 and 9-408" for "9-405 and 9- 407".
Section 116 of St.2013, c. 30, provides:
"(a) Sections 1 to 82, inclusive, shall apply to a document of title that is issued or a bailment that arises on or after the effective date of said sections 1 to 82, inclusive. Said sections 1 to 82, inclusive, shall not apply to a document of title that is issued or a bailment that arises before the effective date of said sections 1 to 82, inclusive, even if the document of title or bailment would be subject to this act if the document of title had been issued or bailment had arisen on or after the effective date of said sections 1 to 82, inclusive.
"(b) Sections 1 to 82, inclusive, shall not apply to a right of action that has accrued before the effective date of said sections 1 to 82, inclusive.
"(c) A document of title issued or a bailment that arises before the effective date of sections 1 to 82, inclusive, and the rights, obligations and interests flowing from that document or bailment are governed by any law or other rule amended or repealed by said sections 1 to 82, inclusive, as if such amendment or repeal had not occurred and may be terminated, completed, consummated or enforced under that law or other rule.
"(d) Section 61 shall apply to a sale of an account described in clause (14) of section 9-309 of Article 9 of chapter 106 of the General Laws even if the sale was entered into before the effective date of sections 1 to 82, inclusive; provided, that if the relative priorities of conflicting claims to the account were established before the effective date of said sections 1 to 82, inclusive, the relevant provisions of said Article 9 of said chapter 106 as in effect immediately prior to the effective date of said sections 1 to 82, inclusive, shall determine priority."