Cite as: 80 CNCA § 9-510

Effectiveness of Filed Record

(a) Filed record effective if authorized. A filed record is effective only to the extent that it was filed by a person that may file it under 80 CNCA § 9–509.

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

(c) Continuation statement not timely filed. A continuation statement that is not filed within the six (6) month period prescribed by 80 CNCA § 9–515(d) is ineffective.

Historical Data

LA 26–03, eff. October 2, 2003.