Effectiveness of filed record.

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  • (1) A filed record is effective only to the extent that it was filed by a person that may file it under Section 70A-9a-509 or by the filing office under Section 70A-9a-513.5.
  • (2) A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.
  • (3) A continuation statement that is not filed within the six-month period prescribed by Subsection 70A-9a-515(4) is ineffective.




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