Effectiveness of filed record

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§9-1510. Effectiveness of filed record

(1).  A filed record is effective only to the extent that it was filed by a person that may file it under section 9-1509.  

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

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

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(3).  A continuation statement that is not filed within the 6-month period prescribed by section 9-1515, subsection (4) is ineffective.  

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

SECTION HISTORY

PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).


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