12A-202.

Special Transitional Rule.

Except as provided in this article:

(a) Article 12, as in effect prior to July 19, 2024, applies to any transaction involving a controllable electronic record, as defined in Article 12 as then in effect, that arose on or after July 1, 2022, and prior to July 19, 2024, to the extent provided in section 12-108 as then in effect; and

(b) Any transaction involving a controllable electronic record, as defined in Article 12 as in effect prior to July 19, 2024, that arose before July 1, 2022, and the rights, obligations, and interests flowing from that transaction are governed by any statute or other rule amended or repealed by Laws 2021, LB649, as if such amendment or repeal had not occurred and may be terminated, completed, consummated, or enforced under that statute or other rule.