TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 9

SECURED TRANSACTIONS

PART 5.

FILING

28-9-510.  Effectiveness of filed record. (a) A filed record is effective only to the extent that it was filed by a person that may file it under section 28-9-509.

(b)  A record authorized by one (1) secured party of record does not affect the financing statement with respect to another secured party of record.

(c)  A continuation statement that is not filed within the six (6) month period prescribed by section 28-9-515(d) is ineffective.

History:

[28-9-510, added 2001, ch. 208, sec. 2, p. 766.]