Indication of collateral.

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  4. Indication of collateral.

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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 Section 1-9-108 of this title; or

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

Added by Laws 2000, c. 371, § 82, eff. July 1, 2001.


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