Persons Entitled to File Initial Financing Statement or Continuation Statement

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Section 9--708. Persons Entitled to File Initial Financing Statement or Continuation Statement. A person may file an initial financing statement or a continuation statement under this part if:

(a) the secured party of record authorizes the filing; and

(b) the filing is necessary under this part:

(1) to continue the effectiveness of a financing statement filed before Revised Article 9 takes effect; or

(2) to perfect or continue the perfection of a security interest.


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