- 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 Code Section 11-9-509.
- 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.
- Continuation statement not timely filed. A continuation statement that is not filed within the six-month period prescribed by subsection (c) of Code Section 11-9-515 is ineffective.
History. Code 1981, § 11-9-510 , enacted by Ga. L. 2001, p. 362, § 1.
Law reviews.
For article, “The Revisions to Article IX of the Uniform Commercial Code,” see 15 Ga. St. B.J. 120 (1977).
For article, “H.B. 712: New Requirements for Financing Statements and Continuation Statements Filed in Georgia,” see 22 Ga. St. B.J. 6 (1985).
For article surveying commercial law in 1984-1985, see 37 Mercer L. Rev. 139 (1985).
For article, “H.B. 1364: Revised Requirements for Financing Statements and Continuation Statements Filed in Georgia,” see 23 Ga. St. B.J. 50 (1986).
For annual survey of law of real property, see 38 Mercer L. Rev. 319 (1986).
For survey article on commercial law, see 44 Mercer L. Rev. 99 (1992).