(a) Subject to subsection (b) of this section, a financing statement is sufficient only if it:
Provides the name of the debtor;
Provides the name of the secured party or a representative of the secured party; and
Indicates the collateral covered by the financing statement.
(b) Except as otherwise provided in section 4-9-501 (b), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) of this section and also:
Indicate that it covers this type of collateral;
Indicate that it is to be filed for record in the real property records;
Provide a description of the real property to which the collateral is related sufficientto give constructive notice of a mortgage under the law of this state if the description were contained in a record of the mortgage of the real property; and
If the debtor does not have an interest of record in the real property, provide thename of a record owner.
(c) A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:
The record indicates the goods or accounts that it covers;
The goods are or are to become fixtures related to the real property described in therecord or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;
The record satisfies the requirements for a financing statement in this section otherthan an indication that it is to be filed in the real property records; and
The record is duly recorded.
(d) A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.
Source: L. 2001: Entire article R&RE, p. 1379, § 1, effective July 1.
Editor's note: This section is similar to former § 4-9-402 as it existed prior to 2001.