§ 11-9-507. Effect of Certain Events on Effectiveness of Financing Statement
Disposition. A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition. Information becoming seriously misleading. Except as otherwise provided in subsection […]
§ 11-9-508. Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement
Financing statement naming original debtor. Except as otherwise provided in this Code section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor […]
§ 11-9-509. Persons Entitled to File a Record
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: The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c) of this Code section; […]
§ 11-9-510. Effectiveness of Filed Record
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 […]
§ 11-9-511. Secured Party of Record
Secured party of record. A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under subsection […]
§ 11-9-512. Amendment of Financing Statement
Amendment of information in financing statement. Subject to Code Section 11-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e) of this Code section, otherwise amend the information provided in a financing statement by filing an amendment that: Identifies, by its file number, […]