Person entitled to file initial financing statement or continuation statement

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    A person may file an initial financing statement or a continuation statement under this subtitle if:

        (1)    The secured party of record authorizes the filing; and

        (2)    The filing is necessary under this subtitle:

            (A)    To continue the effectiveness of a financing statement filed before the Act takes effect; or

            (B)    To perfect or continue the perfection of a security interest.


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