§ 278. Filing under prior law. At the end of twelve months following
the effective date of this article, the secretary of state shall cancel
all certificates issued under sections three hundred sixty and three
hundred sixty-one of article twenty-four of the general business law,
unless a new statement shall have been filed under this article;
provided, however, that such certificates issued under such prior law
shall remain in full force and effect and shall be entitled to all of
the benefits of this article during said twelve months' period or until
the said statement has been filed.