Effectiveness of Filed Record

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  1. Filed record effective if authorized.  A filed record is effective only to the extent that it was filed by a person that may file it under § 47-9-509.
  2. Authorization by one (1) secured party of record.  A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.
  3. Continuation statement not timely filed.  A continuation statement that is not filed within the six-month period prescribed by § 47-9-515(d) is ineffective.


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