Legislation
SECTION 9-510
Effectiveness of Filed Record
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 9, PART 5, SUBPART 1
Section 9--510. Effectiveness of Filed Record.
(a) 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
Section 9--509.
(b) Authorization by one 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.
(c) Continuation statement not timely filed. A continuation statement
that is not filed within the six-month period prescribed by Section
9--515(d) is ineffective.
(a) 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
Section 9--509.
(b) Authorization by one 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.
(c) Continuation statement not timely filed. A continuation statement
that is not filed within the six-month period prescribed by Section
9--515(d) is ineffective.