Security interest perfected before October 1, 2001.

(b) Except as otherwise provided in section 42a-9-705 , if, immediately before October 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under public act 01-132* are not satisfied on October 1, 2001, the security interest: (1) Is a perfected security interest for one year after October 1, 2001; (2) Remains enforceable thereafter only if the security interest becomes enforceable under section 42a-9-203 before the year expires; and (3) Remains perfected thereafter only if the applicable requirements for perfection under public act 01-132* are satisfied before the year expires. *Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)