Indication of Collateral.

  1. Law
  2. Code of Alabama
  3. Commercial Code.
  4. Secured Transactions.
  5. Filing.
  6. Filing; Contents and Effectiveness of Financing Statement.
  7. Indication of Collateral.

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Section 7-9A-504

Indication of collateral.

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to Section 7-9A-108; or

(2) an indication that the financing statement covers all assets or all personal property.

(Act 2001-481, p. 647, §1.)


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