Indication of collateral.

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12A:9-504 Indication of collateral.

12A:9-504. 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 12A:9-108; or

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

L.2001, c.117, s.1; amended 2001, c.386, s.69.


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