Persons entitled to file a record

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  • (a) Person entitled to file record. A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement only if:

    • (1) the debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c); or

    • (2) the person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in. which the person holds an agricultural lien.

  • (b) Security agreement as authorization. By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:

    • (1) the collateral described in the security agreement; and

    • (2) property that becomes collateral under § 9–315(a)(2), whether or not the security agreement expressly covers proceeds.

  • (c) Acquisition of collateral as authorization. By acquiring collateral in which a security interest or agricultural lien continues under § 9–315(a)(1), a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under § 9–315(a)(2).

  • (d) Person entitled to file certain amendments. A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:

    • (1) the secured party of record authorizes the filing; or

    • (2) the amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by § 9–513(a) or (c), the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.

  • (e) Multiple secured parties of record. If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection (d).


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