409.708 Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this subchapter if:
(1) The secured party of record authorizes the filing; and
(2) The filing is necessary under this subchapter:
(a) To continue the effectiveness of a financing statement filed before July 1, 2001; or
(b) To perfect or continue the perfection of a security interest.
History: 2001 a. 10.