Sec. 9708.
A person may file an initial financing statement or a continuation statement under this part if both of the following apply:
(a) The secured party of record authorizes the filing.
(b) The filing is necessary under this part to do 1 of the following:
(i) To continue the effectiveness of a financing statement filed before this amendatory act takes effect.
(ii) To perfect or continue the perfection of a security interest.
History: Add. 2000, Act 348, Eff. July 1, 2001