§ 12A-1-9-510. Effectiveness of filed record.  


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  • EFFECTIVENESS OF FILED RECORD

    (a)  A filed record is effective only to the extent that it was filed by a person that may file it under Section 1-9-509 of this title.

    (b)  A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

    (c)  A continuation statement that is not filed within the six-month period prescribed by subsection (d) of Section 1-9-515 of this title is ineffective.

Added by Laws 2000, c. 371, § 88, eff. July 1, 2001.